Joy Spreader Group (FRA:5YN) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

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What is Joy Spreader Group 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. Joy Spreader Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Joy Spreader Group's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.02). It may suggest that Joy Spreader Group is progressively becoming more dependent on debt to grow their business.

Joy Spreader Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Joy Spreader Group'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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Joy Spreader Group LT-Debt-to-Total-Asset Chart

Joy Spreader Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.02

Joy Spreader Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.01	0.01	0.01	0.01	0.02

Joy Spreader Group LT-Debt-to-Total-Asset Calculation

Joy Spreader Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1.536	/	101.015
	=	0.02

Joy Spreader Group'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 )
	=	1.536	/	101.015
	=	0.02

Joy Spreader Group (FRA:5YN) 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.

Joy Spreader Group LT-Debt-to-Total-Asset Related Terms

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Joy Spreader Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Joy Spreader Group Inc (FRA:5YN) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

06988:Hong Kong

Address

Zone A, Building T18, Jiuxianqiao Diantong Creative Park, Chaoyang District, Beijing, CHN

Website

http://www.joyspreader.com

Joy Spreader Group Inc is a mobile new media performance-based marketing technology company in China. The company's segments include the Provision of performance-based we-media marketing services segment which mainly comprises the provision of these marketing services to help its marketing customers direct to consumer, acquire new users and sales orders, and realize product promotion on a diverse we-media network; and the Sales of E-commerce goods segment which comprises the sales of E-commerce goods on an online basis. The Others segment comprises the provision of the culture related services. It derives maximum revenue from Sale of E-commerce goods. The company operates in Mainland China and Hong Kong.

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