Smile-Link Healthcare Global Bhd (XKLS:03023) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2023)

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What is Smile-Link Healthcare Global 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. Smile-Link Healthcare Global Bhd's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.07.

Smile-Link Healthcare Global Bhd's long-term debt to total assets ratio declined from Jun. 2022 (0.12) to Jun. 2023 (0.07). It may suggest that Smile-Link Healthcare Global Bhd is progressively becoming less dependent on debt to grow their business.

Smile-Link Healthcare Global Bhd LT-Debt-to-Total-Asset Historical Data

The historical data trend for Smile-Link Healthcare Global 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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Smile-Link Healthcare Global Bhd LT-Debt-to-Total-Asset Chart

Smile-Link Healthcare Global Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.09

0.10

0.11

0.10

Smile-Link Healthcare Global Bhd Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.08	0.11	0.12	0.10	0.07

Smile-Link Healthcare Global Bhd LT-Debt-to-Total-Asset Calculation

Smile-Link Healthcare Global Bhd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5.378	/	54.168
	=	0.10

Smile-Link Healthcare Global Bhd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	3.622	/	51.14
	=	0.07

Smile-Link Healthcare Global Bhd (XKLS:03023) 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.

Smile-Link Healthcare Global Bhd LT-Debt-to-Total-Asset Related Terms

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Smile-Link Healthcare Global Bhd (XKLS:03023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Smile-Link Healthcare Global Bhd (XKLS:03023) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot PT 7221, Jalan Merah Caga, Taman Sri Endah, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000

Website

https://www.smile-link.com/

Smile-Link Healthcare Global Bhd is engaged in providing dental healthcare services in Malaysia.

Smile-Link Healthcare Global Bhd (XKLS:03023) Headlines

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