SinoMedia Holding (FRA:SJY) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is SinoMedia Holding 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. SinoMedia Holding's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

SinoMedia Holding's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.00). It may suggest that SinoMedia Holding is progressively becoming more dependent on debt to grow their business.

SinoMedia Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for SinoMedia Holding'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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SinoMedia Holding LT-Debt-to-Total-Asset Chart

SinoMedia Holding Annual Data

Trend

Dec15

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Dec24

LT-Debt-to-Total-Asset

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SinoMedia Holding 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															-	-	-	-	-

SinoMedia Holding LT-Debt-to-Total-Asset Calculation

SinoMedia Holding'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 )
	=	0.153	/	240.978
	=	0.00

SinoMedia Holding'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 )
	=	0.199	/	254.883
	=	0.00

SinoMedia Holding (FRA:SJY) 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.

SinoMedia Holding LT-Debt-to-Total-Asset Related Terms

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SinoMedia Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SinoMedia Holding Ltd (FRA:SJY) » Definitions » LT-Debt-to-Total-Asset

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00623:Hong Kong

Address

No. 9 Guanghua Road, 7th Floor, The Place, SinoMedia Tower, Chaoyang District, Beijing, CHN

Website

http://www.sinomedia.com.hk

SinoMedia Holding Ltd is a media operation group in China that focuses on conducting cross-media investment and operation with creative video communication. The company owns business sections including CCTV's advertising agency business, brand content creative communication, film and television program investment and production, and internet precision marketing. It derives revenue from TV advertising, creative content production, and digital marketing services.

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