Construction No.1 JSC (HSTC:CC1) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Construction No.1 JSC 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. Construction No.1 JSC's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Construction No.1 JSC's long-term debt to total assets ratio declined from Sep. 2023 (0.32) to Sep. 2024 (0.13). It may suggest that Construction No.1 JSC is progressively becoming less dependent on debt to grow their business.

Construction No.1 JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Construction No.1 JSC'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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Construction No.1 JSC LT-Debt-to-Total-Asset Chart

Construction No.1 JSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.17

0.29

Construction No.1 JSC Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.32	0.13	0.13	0.13	0.13

Construction No.1 JSC LT-Debt-to-Total-Asset Calculation

Construction No.1 JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	4561453.95	/	15583133.679
	=	0.29

Construction No.1 JSC'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 )
	=	2268036.65	/	16880905.561
	=	0.13

Construction No.1 JSC (HSTC:CC1) 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.

Construction No.1 JSC LT-Debt-to-Total-Asset Related Terms

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Construction No.1 JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Construction Corp No.1 JSC (HSTC:CC1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

111A Pasteur, Ben Nghe Ward, District 1, HCMC, VNM

Website

https://www.cc1.vn

Construction Corp No.1 JSC is a reputable construction company in infrastructure, civil and industrial works in Vietnam.

Construction No.1 JSC Headlines

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