HAGL JSC (STC:HAG) LT-Debt-to-Total-Asset : 0.16 (As of Mar. 2024)

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What is HAGL JSC 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. HAGL JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.16.

HAGL JSC's long-term debt to total assets ratio declined from Mar. 2023 (0.19) to Mar. 2024 (0.16). It may suggest that HAGL JSC is progressively becoming less dependent on debt to grow their business.

HAGL JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for HAGL JSC'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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HAGL JSC LT-Debt-to-Total-Asset Chart

HAGL JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.25

0.31

0.21

0.16

HAGL JSC 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															0.19	0.18	0.18	0.16	0.16

HAGL JSC LT-Debt-to-Total-Asset Calculation

HAGL JSC'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 )
	=	3340420.808	/	20903255.29
	=	0.16

HAGL JSC'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 )
	=	3366149.743	/	21169793.698
	=	0.16

HAGL JSC (STC:HAG) 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.

HAGL JSC LT-Debt-to-Total-Asset Related Terms

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HAGL JSC (STC:HAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HAGL JSC (STC:HAG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM

Website

http://www.hagl.com.vn

HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.

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