Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Thanh Thanh Cong � Bien Hoa 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. Thanh Thanh Cong � Bien Hoa JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Thanh Thanh Cong � Bien Hoa JSC's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.05). It may suggest that Thanh Thanh Cong � Bien Hoa JSC is progressively becoming less dependent on debt to grow their business.

Thanh Thanh Cong � Bien Hoa JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thanh Thanh Cong � Bien Hoa 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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Thanh Thanh Cong � Bien Hoa JSC LT-Debt-to-Total-Asset Chart

Thanh Thanh Cong � Bien Hoa JSC Annual Data

Trend

Dec13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.11

0.08

0.17

0.09

0.02

Thanh Thanh Cong � Bien Hoa 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															0.08	0.02	0.02	0.04	0.05

Thanh Thanh Cong � Bien Hoa JSC LT-Debt-to-Total-Asset Calculation

Thanh Thanh Cong � Bien Hoa JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	579742.983	/	29934286.418
	=	0.02

Thanh Thanh Cong � Bien Hoa 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 )
	=	1799858.098	/	34198411.623
	=	0.05

Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) 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.

Thanh Thanh Cong � Bien Hoa JSC LT-Debt-to-Total-Asset Related Terms

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Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thanh Thanh Cong � Bien Hoa JSC (STC:SBT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tan Hung commune, Tay Ninh Province, Tan Chau, VNM

Website

http://www.ttcsugar.com.vn

Thanh Thanh Cong - Bien Hoa JSC is a Vietnamese company engaged in the production and trading sugar and by-products. The company is also involved in producing and trading fertilizers and agricultural materials, construction of industrial park infrastructure, building supermarkets, restaurants, and hotels. It produces commercial electricity and electricity for self-use from bagasse and/or coal.