Snack Empire Holdings (HKSE:01843) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2023)

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What is Snack Empire 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. Snack Empire Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.10.

Snack Empire Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.09) to Sep. 2023 (0.10). It may suggest that Snack Empire Holdings is progressively becoming more dependent on debt to grow their business.

Snack Empire Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Snack Empire 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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Snack Empire Holdings LT-Debt-to-Total-Asset Chart

Snack Empire Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.19

0.09

0.08

0.09

Snack Empire Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.09	0.08	0.09	0.09	0.10

Snack Empire Holdings LT-Debt-to-Total-Asset Calculation

Snack Empire 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 )
	=	17.776	/	192.655
	=	0.09

Snack Empire 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 )
	=	19.679	/	192.633
	=	0.10

Snack Empire Holdings (HKSE:01843) 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.

Snack Empire Holdings LT-Debt-to-Total-Asset Related Terms

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Snack Empire Holdings (HKSE:01843) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Snack Empire Holdings Ltd (HKSE:01843) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Anson Road, No 21-02, International Plaza, Singapore, SGP, 079903

Website

https://www.snackemp.com

Snack Empire Holdings Ltd is a food and beverage group offering Taiwanese Snacks and Beverages under the Shihlin Taiwan Street Snacks brand. It operates two basic models, namely the Self-operated model and the franchise and license model. Its geographical segments include Singapore, Malaysia, the United States, Indonesia, and others, out of which the majority of the revenue is generated from Singapore.

Snack Empire Holdings (HKSE:01843) Headlines

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