South Shore Holdings (HKSE:00577) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2020)

View and export this data going back to 1996. Start your Free Trial

What is South Shore 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. South Shore Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.18.

South Shore Holdings's long-term debt to total assets ratio increased from Sep. 2019 (0.11) to Sep. 2020 (0.18). It may suggest that South Shore Holdings is progressively becoming more dependent on debt to grow their business.

South Shore Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for South Shore 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.

* Premium members only.

South Shore Holdings LT-Debt-to-Total-Asset Chart

South Shore Holdings Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.24

0.27

0.05

0.10

0.18

South Shore Holdings Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.10	0.11	0.18	0.18

South Shore Holdings LT-Debt-to-Total-Asset Calculation

South Shore Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2020 is calculated as

LT Debt to Total Assets (A: Mar. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2020 )	/	Total Assets (A: Mar. 2020 )
	=	1541.4	/	8678.502
	=	0.18

South Shore Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	1711.159	/	9433.269
	=	0.18

South Shore Holdings (HKSE:00577) 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.

South Shore Holdings LT-Debt-to-Total-Asset Related Terms

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

South Shore Holdings (HKSE:00577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » South Shore Holdings Ltd (HKSE:00577) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG

Website

http://www.southshore-holdings.com

South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

Executives

Evolution Capital Management, Llc	2201 Interest of corporation controlled by you
Tiger Inn Enterprises Limited	2201 Interest of corporation controlled by you
Tiger Holdings Ltd.	2201 Interest of corporation controlled by you
Evolution Japan Group Holding Inc.	2201 Interest of corporation controlled by you
Evolution Japan Co. Ltd.	2201 Interest of corporation controlled by you
Evo Fund	2104 Agent
Evo Capital Management Asia Limited	2201 Interest of corporation controlled by you
Ej Us, Inc.	2201 Interest of corporation controlled by you
Evolution Japan Asset Management Co., Ltd.	2201 Interest of corporation controlled by you
Global Allocation Fund	2201 Interest of corporation controlled by you
Lerch Michael	2201 Interest of corporation controlled by you
Robertson Julian Hart	2201 Interest of corporation controlled by you
Tiger Management Corporation	2201 Interest of corporation controlled by you
Tiger Management L.l.c.	2102 Investment manager
Tiger Partners Gp, L.l.c.	2201 Interest of corporation controlled by you

South Shore Holdings (HKSE:00577) Headlines

No Headlines