Stamford Tyres (SGX:S29) Debt-to-Asset : 0.40 (As of Oct. 2024)

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What is Stamford Tyres Debt-to-Asset?

Stamford Tyres's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was S$73.5 Mil. Stamford Tyres's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was S$21.2 Mil. Stamford Tyres's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Oct. 2024 was S$239.3 Mil. Stamford Tyres's debt to asset for the quarter that ended in Oct. 2024 was 0.40.

Stamford Tyres Debt-to-Asset Historical Data

The historical data trend for Stamford Tyres's Debt-to-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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Stamford Tyres Debt-to-Asset Chart

Stamford Tyres Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Debt-to-Asset

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0.41

0.39

0.41

0.37

0.32

Stamford Tyres Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24	Oct24
Debt-to-Asset	Get a 7-Day Free Trial															0.40	0.37	0.37	0.32	0.40

Competitive Comparison of Stamford Tyres's Debt-to-Asset

For the Auto Parts subindustry, Stamford Tyres's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Stamford Tyres's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stamford Tyres's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Stamford Tyres's Debt-to-Asset falls into.

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Stamford Tyres Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Stamford Tyres's Debt-to-Asset for the fiscal year that ended in Apr. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(52.431	+	15.731)	/	210.635
	=	0.32

Stamford Tyres's Debt-to-Asset for the quarter that ended in Oct. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(73.485	+	21.194)	/	239.32
	=	0.40

Stamford Tyres (SGX:S29) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Stamford Tyres Debt-to-Asset Related Terms

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Stamford Tyres Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stamford Tyres Corp Ltd (SGX:S29) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lok Yang Way, Jurong, Singapore, SGP, 628635

Website

http://www.stamfordtyres.com

Stamford Tyres Corp Ltd is an investment holding company. The company is engaged in retailing and distribution of tyres and wheels, design and contract manufacturing of tyres for proprietary brands as well as tyre retreading, equipment trading, servicing of motor vehicles, and manufacturing and sale of aluminium alloy wheels. The company's geographical segment includes South East Asia, North Asia, Africa, and Others. It generates maximum revenue from South East Asia.

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