Eindec (SGX:42Z) LT-Debt-to-Total-Asset : 0.11 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Eindec LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Eindec's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.11.

Eindec's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.11). It may suggest that Eindec is progressively becoming more dependent on debt to grow their business.

Eindec LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eindec's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eindec LT-Debt-to-Total-Asset Chart

Eindec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.09

0.05

0.08

0.11

Eindec Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.05	0.08	0.08	0.08	0.11

Eindec LT-Debt-to-Total-Asset Calculation

Eindec's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1.79	/	16.83
	=	0.11

Eindec's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1.79	/	16.83
	=	0.11

Eindec (SGX:42Z) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Eindec LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Eindec's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Eindec (SGX:42Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eindec Corp Ltd (SGX:42Z) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Bukit Batok Crescent, Number 06-05, The Spire, Singapore, SGP, 658079

Website

http://www.eindec.com.sg

Eindec Corp Ltd along with its subsidiaries is a clean air environmental and technological solutions group. The company design manufactures and distributes cleanroom equipment and heating, ventilation and air-conditioning equipment, and air purification equipment. It has the following reportable segments: Clean Room Equipment; Heating Ventilation and Air-Conditioning Products; and Air purification integrated solutions and Others.

Eindec (SGX:42Z) Headlines

No Headlines