Binasat Communications Bhd (XKLS:0195) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2023)

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What is Binasat Communications Bhd 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. Binasat Communications Bhd's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.10.

Binasat Communications Bhd's long-term debt to total assets ratio declined from Sep. 2022 (0.12) to Sep. 2023 (0.10). It may suggest that Binasat Communications Bhd is progressively becoming less dependent on debt to grow their business.

Binasat Communications Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Binasat Communications Bhd'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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Binasat Communications Bhd LT-Debt-to-Total-Asset Chart

Binasat Communications Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

LT-Debt-to-Total-Asset

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0.09

0.08

0.18

0.16

0.11

Binasat Communications Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.11	0.10	0.10

Binasat Communications Bhd LT-Debt-to-Total-Asset Calculation

Binasat Communications Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	18.721	/	166.809
	=	0.11

Binasat Communications Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	19.135	/	190.298
	=	0.10

Binasat Communications Bhd (XKLS:0195) 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.

Binasat Communications Bhd LT-Debt-to-Total-Asset Related Terms

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Binasat Communications Bhd (XKLS:0195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Binasat Communications Bhd (XKLS:0195) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.binacom.com.my

Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

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