SNCNQ (Sunac China Holdings) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

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What is Sunac China 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. Sunac China Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Sunac China Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.07) to Jun. 2024 (0.09). It may suggest that Sunac China Holdings is progressively becoming more dependent on debt to grow their business.

Sunac China Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sunac China 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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Sunac China Holdings LT-Debt-to-Total-Asset Chart

Sunac China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.19

0.07

0.04

0.10

Sunac China Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.04	0.07	0.10	0.09

Sunac China Holdings LT-Debt-to-Total-Asset Calculation

Sunac China 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 )
	=	13594.041	/	136950.534
	=	0.10

Sunac China 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 )
	=	11635.309	/	132599.555
	=	0.09

Sunac China Holdings (GREY:SNCNQ) 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.

Sunac China Holdings LT-Debt-to-Total-Asset Related Terms

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Sunac China Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sunac China Holdings Ltd (GREY:SNCNQ) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

01918:Hong Kong SCNR:Germany

Address

No.278, Hongqi Road, Building 1, East Side in Hopsca Center International, Nankai District, Tianjin, CHN, 300381

Website

https://www.sunac.com.cn

Sunac China Holdings Ltd is committed to providing wonderful living environment and services for Chinese families through products and services and integration resources. With a focus on its core business of real estate, the Group implements its strategic layout in real estate development. It has three business segments Property development, Cultural and tourism city construction and operation, Property management and All other segments.

Sunac China Holdings Headlines

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