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Hiap Hoe (SGX:5JK) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2023)


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What is Hiap Hoe 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. Hiap Hoe's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.30.

Hiap Hoe's long-term debt to total assets ratio increased from Dec. 2022 (0.23) to Dec. 2023 (0.30). It may suggest that Hiap Hoe is progressively becoming more dependent on debt to grow their business.


Hiap Hoe LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hiap Hoe'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.

Hiap Hoe LT-Debt-to-Total-Asset Chart

Hiap Hoe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.16 0.25 0.23 0.30

Hiap Hoe Semi-Annual Data
Jun14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.23 0.23 0.19 0.30

Hiap Hoe LT-Debt-to-Total-Asset Calculation

Hiap Hoe'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 )
=477.159/1589.252
=0.30

Hiap Hoe'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 )
=477.159/1589.252
=0.30

* 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.


Hiap Hoe  (SGX:5JK) 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.


Hiap Hoe LT-Debt-to-Total-Asset Related Terms

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Hiap Hoe (SGX:5JK) Business Description

Traded in Other Exchanges
N/A
Address
18 Ah Hood Road, No. 13-51, Hiap Hoe Building At Zhongshan Park, Singapore, SGP, 329983
Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has six reportable operating segments - Development Properties, Rental, Leisure, Other Investments, Others and Hotel Operations. The Development Properties segment is in the business of acquiring land/property and developing it into residential/industrial/commercial properties for sale. The Rental segment is in the business of renting space. The Leisure segment is in the business of providing leisure and recreational facilities. The Hotel Operations segment is operated under the brand names Ramada Singapore and Days Hotel Singapore. It has operations in Australia, Singapore, and the United Kingdom.

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