Tsim Sha Tsui Properties (HKSE:00247) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

View and export this data going back to 1972. Start your Free Trial

What is Tsim Sha Tsui Properties 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. Tsim Sha Tsui Properties's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

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

Tsim Sha Tsui Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tsim Sha Tsui Properties'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.

* Premium members only.

Tsim Sha Tsui Properties LT-Debt-to-Total-Asset Chart

Tsim Sha Tsui Properties Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.02

0.01

Tsim Sha Tsui Properties 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															0.01	0.01	0.01	0.01	0.01

Tsim Sha Tsui Properties LT-Debt-to-Total-Asset Calculation

Tsim Sha Tsui Properties's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	1693	/	182173
	=	0.01

Tsim Sha Tsui Properties'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 )
	=	1753	/	182889
	=	0.01

Tsim Sha Tsui Properties (HKSE:00247) 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.

Tsim Sha Tsui Properties LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Tsim Sha Tsui Properties's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tsim Sha Tsui Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tsim Sha Tsui Properties Ltd (HKSE:00247) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Salisbury Road, 12th Floor, Tsim Sha Tsui Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.sino.com

Tsim Sha Tsui Properties Ltd is in the business of developing properties for sale and investment. The firm's portfolio consists of residential properties, offices, car parks, industrial buildings, and Shopping malls. It also provides property services such as property management, car park management, cleaning, environmental services, security services, etc. The company has Property sales, property rental, Property management, and other services, Hotel operations, Investments in securities, and Financing operating segments. It generates maximum revenue from the Property sales segment.

Executives

Tamworth Investment Limited	2101 Beneficial owner
Fanlight Investment Limited	2101 Beneficial owner
Ng Chee Siong	2304 Executor or administrator
Ng Chee Tat, Philip	2304 Executor or administrator

Tsim Sha Tsui Properties Headlines

No Headlines