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Shineroad International Holdings (HKSE:01587) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)


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What is Shineroad 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. Shineroad International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

Shineroad International Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.05) to Dec. 2024 (0.09). It may suggest that Shineroad International Holdings is progressively becoming more dependent on debt to grow their business.

Shineroad International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shineroad 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.

Shineroad International Holdings LT-Debt-to-Total-Asset Chart

Shineroad International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 - 0.05 0.09

Shineroad International Holdings Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.05 0.09 0.09

Shineroad International Holdings LT-Debt-to-Total-Asset Calculation

Shineroad International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=67.666/755.401
=0.09

Shineroad International Holdings'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 )
=67.666/755.401
=0.09

* 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.

Shineroad International Holdings  (HKSE:01587) 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.

Shineroad International Holdings LT-Debt-to-Total-Asset Related Terms

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Shineroad International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Shineroad International Holdings Ltd (HKSE:01587) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:08491 HKSE:00677 HKSE:01705 HKSE:08413 HKSE:00060 HKSE:01152 HKSE:00197 HKSE:00073 SYY USFD XLIS:JMT LSE:BNZL PFGC BKK:CPAXT JSE:BID SGX:VC2 ASX:MTS CHEF XTER:B4B XKRX:026960
Traded in Other Exchanges
N/A
Address
Lane 1040, Caoyang Road, Zhongyou Building, 25th Floor South, Block 1, Putuo District, Shanghai, CHN
Website
https://www.shineroad.com
Shineroad International Holdings Ltd is a distributor in the food ingredients and additives distribution industry with the capabilities to provide food ingredients application solutions to its customers. The company supplies its extensive portfolio of various food ingredients and food additives to food manufacturers in the PRC, Vietnam, and Thailand. It has one reportable segment which is the distribution of food ingredients and food additives. Its products are classified into food ingredients, food additives, and packaging materials. The Company derives its revenue mainly from the distribution of food ingredients and food additives in the PRC.
Executives
Asian Equity Special Opportunities Portfolio Master Fund Limited 2101 Beneficial owner
Rays Capital Partners Limited 2102 Investment manager
Ruan David Ching Chi 2201 Interest of corporation controlled by you
Chen Dongying 2202 Interest of your spouse
Huang Haixiao 2201 Interest of corporation controlled by you
Ocean Town Company Limited 2201 Interest of corporation controlled by you
Shineroad Group Limited 2101 Beneficial owner

Shineroad International Holdings Headlines

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