Summit Alliance Port (DHA:SAPORTL) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is Summit Alliance Port 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. Summit Alliance Port's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Summit Alliance Port's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.12). It may suggest that Summit Alliance Port is progressively becoming less dependent on debt to grow their business.

Summit Alliance Port LT-Debt-to-Total-Asset Historical Data

The historical data trend for Summit Alliance Port'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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Summit Alliance Port LT-Debt-to-Total-Asset Chart

Summit Alliance Port Annual Data

Trend

Dec13

Dec14

Dec15

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.26

0.23

0.20

0.17

0.14

Summit Alliance Port Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.15	0.14	0.12	0.12

Summit Alliance Port LT-Debt-to-Total-Asset Calculation

Summit Alliance Port's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	1711.881	/	11980.96
	=	0.14

Summit Alliance Port's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1528.863	/	12896.509
	=	0.12

Summit Alliance Port (DHA:SAPORTL) 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.

Summit Alliance Port LT-Debt-to-Total-Asset Related Terms

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Summit Alliance Port Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Summit Alliance Port Ltd (DHA:SAPORTL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

63 Pragati Sarani, The Alliance Building, Baridhara, Dhaka, BGD, 1212

Website

https://www.saplbd.com

Summit Alliance Port Ltd provides off-dock services. It offers an inland container depot, container freight station, and receiving of export and import cargo. The company also provides customized services, such as Container condition surveys, repair, and maintenance; Fumigation, among others.

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