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Sutor Technology Group Ltd (NAS:SUTR)
Long-Term Debt to Total Assets
0.02 (As of Dec. 2014)

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 divide by its total assets. Sutor Technology Group Ltd's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.02.

Sutor Technology Group Ltd's long-term debt to total assets ratio increased from Dec. 2013 (0.01) to Dec. 2014 (0.02). It may suggest that Sutor Technology Group Ltd is progressively becoming more dependent on debt to grow their business.

Definition

Sutor Technology Group Ltd's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

 LT Debt to Total Assets (A: Jun. 2014 ) = Long-Term Debt (A: Jun. 2014 ) / Total Assets (A: Jun. 2014 ) = 11.042 / 568.352 = 0.02

Sutor Technology Group Ltd's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

 LT Debt to Total Assets (Q: Dec. 2014 ) = Long-Term Debt (Q: Dec. 2014 ) / Total Assets (Q: Dec. 2014 ) = 11.042 / 498.153 = 0.02

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Sutor Technology Group Ltd Annual Data

 Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 ltd2asset 0.00 0.00 0.00 0.02 0.01 0.01 0.06 0.02 0.00 0.02

Sutor Technology Group Ltd Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 ltd2asset 0.02 0.01 0.01 0.00 0.00 0.01 0.00 0.02 0.02 0.02
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