Dc Healthcare Holdings Bhd (XKLS:0283) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

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What is Dc Healthcare Holdings 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. Dc Healthcare Holdings Bhd's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Dc Healthcare Holdings Bhd's long-term debt to total assets ratio declined from Dec. 2021 (0.42) to Dec. 2023 (0.18). It may suggest that Dc Healthcare Holdings Bhd is progressively becoming less dependent on debt to grow their business.

Dc Healthcare Holdings Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dc Healthcare Holdings 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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Dc Healthcare Holdings Bhd LT-Debt-to-Total-Asset Chart

Dc Healthcare Holdings Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.42

0.45

0.42

0.38

0.18

Dc Healthcare Holdings Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
LT-Debt-to-Total-Asset	0.42	0.45	0.42	0.38	0.18

Dc Healthcare Holdings Bhd LT-Debt-to-Total-Asset Calculation

Dc Healthcare Holdings Bhd'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 )
	=	17.856	/	99.165
	=	0.18

Dc Healthcare Holdings Bhd'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 )
	=	17.856	/	99.165
	=	0.18

Dc Healthcare Holdings Bhd (XKLS:0283) 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.

Dc Healthcare Holdings Bhd LT-Debt-to-Total-Asset Related Terms

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Dc Healthcare Holdings Bhd (XKLS:0283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dc Healthcare Holdings Bhd (XKLS:0283) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Centrepoint South Mid Valley City, Suites 22.01, 22.02 & 22.05, Level 22, Lingkaran Syed Putra, Kuala Lumpur, MYS, 59200

Website

https://www.dchealthcareholdings.com

Dc Healthcare Holdings Bhd Is an investment holding company. Through its subsidiaries, the company provides Aesthetic Services specializing in Non-Invasive and Minimally-Invasive procedures. Non-Invasive procedures are medical procedures that do not involve entering the body through surgical incisions; whilst Minimally Invasive procedures limit the size and quantity of incisions and injections thereby reducing wound healing time, associated pain and risk of infection. The business activities are categorized into 2 segments, Aesthetic Services, and General Medical Services. The majority of revenue is derived from the Aesthetic Services segment.

Dc Healthcare Holdings Bhd (XKLS:0283) Headlines

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