ASL Marine Holdings (SGX:A04) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is ASL Marine Holdings 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. ASL Marine Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

ASL Marine Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.42) to Mar. 2024 (0.20). It may suggest that ASL Marine Holdings is progressively becoming less dependent on debt to grow their business.

ASL Marine Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for ASL Marine Holdings'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.

ASL Marine Holdings LT-Debt-to-Total-Asset Chart

ASL Marine Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.43

0.47

0.48

0.46

0.41

ASL Marine Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.41	0.39	0.37	0.20

ASL Marine Holdings LT-Debt-to-Total-Asset Calculation

ASL Marine Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	228.203	/	559.781
	=	0.41

ASL Marine Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	110.412	/	544.784
	=	0.20

ASL Marine Holdings (SGX:A04) 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.

ASL Marine Holdings LT-Debt-to-Total-Asset Related Terms

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

ASL Marine Holdings (SGX:A04) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » ASL Marine Holdings Ltd (SGX:A04) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19 Pandan Road, Singapore, SGP, 609271

Website

https://www.aslmarine.com

ASL Marine Holdings Ltd is an investment holding company. The company's operating segment includes Shipbuilding; Shiprepair, conversion and engineering; Shipchartering, and Investment holding. It generates maximum revenue from the Shiprepair, conversion and engineering services segment. The Shiprepair, conversion and engineering services segment includes the provision of shiprepair, dredging engineering products, and related services. Geographically, it derives a majority of revenue from Singapore and also has a presence in Indonesia; the Rest of Asia; Europe; Australia and the United States of America, and other countries.

ASL Marine Holdings (SGX:A04) Headlines

No Headlines