Sky Light Holdings (FRA:27L) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2024)

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What is Sky Light Holdings 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. Sky Light Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.05.

Sky Light Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.04) to Jun. 2024 (0.05). It may suggest that Sky Light Holdings is progressively becoming more dependent on debt to grow their business.

Sky Light Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sky Light Holdings'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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Sky Light Holdings LT-Debt-to-Total-Asset Chart

Sky Light Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.03

0.02

0.06

0.04

Sky Light Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.04	0.06	0.05	0.04

Sky Light Holdings LT-Debt-to-Total-Asset Calculation

Sky Light Holdings'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 )
	=	2.405	/	37.332
	=	0.06

Sky Light Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1.423	/	30.734
	=	0.05

Sky Light Holdings (FRA:27L) 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.

Sky Light Holdings LT-Debt-to-Total-Asset Related Terms

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Sky Light Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sky Light Holdings Ltd (FRA:27L) » Definitions » LT-Debt-to-Total-Asset

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03882:Hong Kong

Address

Xinsha Road, Building No. 8 & 1-2/FL, Building No. 9,Antuoshan High-tech Industrial Park, Shajing, Bao’An,, Shenzhen, CHN, 518104

Website

http://www.sky-light.com.hk

Sky Light Holdings Ltd, along with its subsidiaries, is engaged in the manufacture and distribution of home surveillance cameras, digital imaging products, and other electronic products. It focuses on the sale, development, and manufacture of imaging products that comprise home surveillance cameras, action cameras, and related accessories and other digital imaging products and engages in the sale, and development of cameras under its own brands. Geographically, it operates in the United States, which is the key revenue driver, Mainland China, European Union, and Hong kong, among others.

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