Shanda Games (Shanda Games) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2014)

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What is Shanda Games 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. Shanda Games's long-term debt to total assests ratio for the quarter that ended in Dec. 2014 was 0.16.

Shanda Games's long-term debt to total assets ratio increased from Dec. 2012 (0.00) to Dec. 2014 (0.16). It may suggest that Shanda Games is progressively becoming more dependent on debt to grow their business.

Shanda Games LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanda Games'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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Shanda Games LT-Debt-to-Total-Asset Chart

Shanda Games Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.07

0.16

Shanda Games Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	0.07	0.16

Shanda Games LT-Debt-to-Total-Asset Calculation

Shanda Games's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	95.909	/	589.384
	=	0.16

Shanda Games's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (Q: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2014 )	/	Total Assets (Q: Dec. 2014 )
	=	95.909	/	589.384
	=	0.16

Shanda Games (NAS:GAME) 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.

Shanda Games LT-Debt-to-Total-Asset Related Terms

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Shanda Games (Shanda Games) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shanda Games Ltd (NAS:GAME) » Definitions » LT-Debt-to-Total-Asset

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Address

Website

http://www.shandagames.com

Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.