Solid Group (PHS:SGI) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 1948. Start your Free Trial

What is Solid Group 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. Solid Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Solid Group's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Solid Group is progressively becoming more dependent on debt to grow their business.

Solid Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Solid Group'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.

Solid Group LT-Debt-to-Total-Asset Chart

Solid Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Solid Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.01	0.01

Solid Group LT-Debt-to-Total-Asset Calculation

Solid Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	105	/	14313.363
	=	0.01

Solid Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	190	/	14285.684
	=	0.01

Solid Group (PHS:SGI) 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.

Solid Group LT-Debt-to-Total-Asset Related Terms

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

Solid Group (PHS:SGI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid Group Inc (PHS:SGI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

2285 Don Chino Roces Avenue Extension, Green Sun, Makati, PHL, 1231

Website

https://www.solidgroup.com.ph

Solid Group Inc operates as an investment holding company. It operates its business in various segments that include Distribution involved in the sale of mobile phones and devices, and the sale of prefabricated modular houses; Property and related services involved in the leasing, development and sale of industrial and other real estate properties and hotel and restaurant operations; Logistics and Technical solutions engaged in the business of sale of professional audio and video equipment, after-sales services, warehousing and distribution; and, Investment and others include investment holding companies, and those included in the business of financing and credit extension.

Solid Group (PHS:SGI) Headlines

From GuruFocus

Richard Snow Raises Stake in Silicon Graphics International

By David Goodloe David Goodloe • 10-08-2015

Royce Low-Priced Stock Fund's Semiannual Letter to Shareholders

By Cody Eustice Cody Eustice • 09-16-2015

Silicon Graphics International Corp Reports Operating Results (10-Q)

By gurufocus 10qk • 02-02-2011

Richard Snow Trims Abercrombie & Fitch, Silicon Graphics Holdings

By Tiziano Frateschi Tiziano Frateschi • 04-11-2016