Sweeten Real Estate Development Co (TPE:5525) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Sweeten Real Estate Development Co 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. Sweeten Real Estate Development Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Sweeten Real Estate Development Co's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.08). It may suggest that Sweeten Real Estate Development Co is progressively becoming more dependent on debt to grow their business.

Sweeten Real Estate Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sweeten Real Estate Development Co'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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Sweeten Real Estate Development Co LT-Debt-to-Total-Asset Chart

Sweeten Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.09

Sweeten Real Estate Development Co 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															0.03	0.03	0.04	0.09	0.08

Sweeten Real Estate Development Co LT-Debt-to-Total-Asset Calculation

Sweeten Real Estate Development Co'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 )
	=	1418.623	/	16709.599
	=	0.08

Sweeten Real Estate Development Co'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 )
	=	1417.071	/	17775.35
	=	0.08

Sweeten Real Estate Development Co (TPE:5525) 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.

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Sweeten Real Estate Development Co (TPE:5525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sweeten Real Estate Development Co Ltd (TPE:5525) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 201, Wenxin Road, 3rd Floor, Section 2, Xitun District, Taichung, TWN

Website

http://www.sweeten.com.tw

Sweeten Real Estate Development Co Ltd is a Taiwan-based constructor. It is mainly engaged in the construction of residential buildings and the leasing and sale of commercial buildings, development and leasing of industrial plants, development of specific professional zones, urban renewal, and leasing of office buildings. The company has three segments namely, Building Dept., the Construction Dept. and the Hotel Dept.

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