Shunten International (Holdings) (HKSE:00932) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Shunten International (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. Shunten International (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.02.

Shunten International (Holdings)'s long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.02). It may suggest that Shunten International (Holdings) is progressively becoming more dependent on debt to grow their business.

Shunten International (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shunten International (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.

Shunten International (Holdings) LT-Debt-to-Total-Asset Chart

Shunten International (Holdings) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.22

0.04

0.01

Shunten International (Holdings) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	-	-	0.01	0.02

Shunten International (Holdings) LT-Debt-to-Total-Asset Calculation

Shunten International (Holdings)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	4.076	/	339.446
	=	0.01

Shunten International (Holdings)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	8.385	/	358.925
	=	0.02

Shunten International (Holdings) (HKSE:00932) 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.

Shunten International (Holdings) LT-Debt-to-Total-Asset Related Terms

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

Shunten International (Holdings) (HKSE:00932) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shunten International (Holdings) Ltd (HKSE:00932) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

100 Kwai Cheong Road, Unit D, 7th Floor, KC100, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.shunten.com.hk

Shunten International (Holdings) Ltd is an investment holding company. The company's business is sales of health and beauty supplements and products and leasing of investment property.

Shunten International (Holdings) (HKSE:00932) Headlines

No Headlines