Parkson retail Asia (SGX:O9E) LT-Debt-to-Total-Asset : 0.36 (As of Mar. 2024)

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What is Parkson retail Asia 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. Parkson retail Asia's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.36.

Parkson retail Asia's long-term debt to total assets ratio declined from Mar. 2023 (0.46) to Mar. 2024 (0.36). It may suggest that Parkson retail Asia is progressively becoming less dependent on debt to grow their business.

Parkson retail Asia LT-Debt-to-Total-Asset Historical Data

The historical data trend for Parkson retail Asia'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.

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Parkson retail Asia LT-Debt-to-Total-Asset Chart

Parkson retail Asia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.67

0.52

0.46

0.39

Parkson retail Asia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.46	0.45	0.46	0.39	0.36

Parkson retail Asia LT-Debt-to-Total-Asset Calculation

Parkson retail Asia'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 )
	=	115.422	/	295.108
	=	0.39

Parkson retail Asia'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 )
	=	115.37	/	322.614
	=	0.36

Parkson retail Asia (SGX:O9E) 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.

Parkson retail Asia LT-Debt-to-Total-Asset Related Terms

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Parkson retail Asia (SGX:O9E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson retail Asia Ltd (SGX:O9E) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Klang Parade, No. 2112 Jalan Meru, Level 5, Klang, SGR, MYS, 41050

Website

https://www.parkson.com.sg

Parkson retail Asia Ltd is a Singapore-based investment holding company. The company's operating segment includes Retail stores and Food and beverage operations. It generates maximum revenue from the Retail store's segment. The company's geographical segment includes Malaysia; Vietnam; Indonesia; Myanmar; and Cambodia. It derives a majority of its revenue from Malaysia.

Parkson retail Asia (SGX:O9E) Headlines

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