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TSYHY (TravelSky Technology) Debt-to-Asset : 0.05 (As of Jun. 2024)


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What is TravelSky Technology Debt-to-Asset?

TravelSky Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $199 Mil. TravelSky Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3 Mil. TravelSky Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $4,132 Mil. TravelSky Technology's debt to asset for the quarter that ended in Jun. 2024 was 0.05.


TravelSky Technology Debt-to-Asset Historical Data

The historical data trend for TravelSky Technology'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.

* Premium members only.

TravelSky Technology Debt-to-Asset Chart

TravelSky Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.02 0.04

TravelSky Technology Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.03 0.04 0.05

Competitive Comparison of TravelSky Technology's Debt-to-Asset

For the Information Technology Services subindustry, TravelSky Technology'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.


TravelSky Technology's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, TravelSky Technology's Debt-to-Asset distribution charts can be found below:

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



TravelSky Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TravelSky Technology's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(120.587 + 35.124) / 3851.451
=0.04

TravelSky Technology's Debt-to-Asset for the quarter that ended in Jun. 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
=(198.551 + 2.994) / 4132.075
=0.05

* 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.


TravelSky Technology  (OTCPK:TSYHY) 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.


TravelSky Technology Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of TravelSky Technology's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


TravelSky Technology Business Description

Traded in Other Exchanges
Address
TravelSky High-Tech Industrial Park, Houshayu Town, Shunyi District, Beijing, CHN, 101318
TravelSky Technology Ltd provides information technology solutions for aviation and travel companies in China. The company develops commercial airlines, airports, air travel products, and is a services supplier to travel agencies, corporate clients, travelers, and cargo shippers--to conduct electronic transactions and manage travel-related information. The core businesses of the company include aviation information technology services, distribution of information technology services, and clearing & accounting & settlement services for the aviation industry. Aviation information technology service revenue contributes approximately half the company's total revenue.

TravelSky Technology Headlines