StarGlory Holdings Co (HKSE:08213) LT-Debt-to-Total-Asset : 0.84 (As of Sep. 2024)

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What is StarGlory Holdings Co 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. StarGlory Holdings Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.84.

StarGlory Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.65) to Sep. 2024 (0.84). It may suggest that StarGlory Holdings Co is progressively becoming more dependent on debt to grow their business.

StarGlory Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for StarGlory Holdings Co'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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StarGlory Holdings Co LT-Debt-to-Total-Asset Chart

StarGlory Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.38

0.08

0.42

0.65

0.03

StarGlory Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.65	-	0.07	0.03	0.84

StarGlory Holdings Co LT-Debt-to-Total-Asset Calculation

StarGlory Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1.732	/	54.543
	=	0.03

StarGlory Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	40.602	/	48.479
	=

StarGlory Holdings Co (HKSE:08213) 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.

StarGlory Holdings Co LT-Debt-to-Total-Asset Related Terms

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StarGlory Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » StarGlory Holdings Co Ltd (HKSE:08213) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Connaught Road Central, 6th Floor, Southland Building, Central, Hong Kong, HKG

Website

http://www.stargloryhcl.com

StarGlory Holdings Co Ltd is engaged in the provision of food and beverage services. The company focuses on food-related concepts which include restaurants, cafe and cake shops under the Japanese brand of Italian tomato; the Japanese Tonkatsu restaurants under the brand of Ginza Bairin; the Japanese curry specialty stores under the brand of Shirokuma Curry; and the Japanese Izakaya restaurants under the brand of Enmaru. It operates businesses in the People's Republic of China, Hong Kong, and overseas markets. The firm operates in Food and beverage and Healthcare segment.

Executives

Ho Ming Yee	2202 Interest of your spouse
Tang Sing Ming Sherman	2101 Beneficial owner
Oceanic Fortress Holdings Limited	2101 Beneficial owner
Huang Li
Jumbo Grand International Limited	2101 Beneficial owner
Ng Ting Fai	2201 Interest of corporation controlled by you

StarGlory Holdings Co Headlines

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