Sun-Sea Construction (ROCO:5516) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is Sun-Sea Construction 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. Sun-Sea Construction's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Sun-Sea Construction's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.04). It may suggest that Sun-Sea Construction is progressively becoming more dependent on debt to grow their business.

Sun-Sea Construction LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sun-Sea Construction'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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Sun-Sea Construction LT-Debt-to-Total-Asset Chart

Sun-Sea Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.04

Sun-Sea Construction Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															0.04	0.04	0.04	0.03	0.04

Sun-Sea Construction LT-Debt-to-Total-Asset Calculation

Sun-Sea Construction'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 )
	=	137.653	/	3674.989
	=	0.04

Sun-Sea Construction'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 )
	=	154.763	/	3841.481
	=	0.04

Sun-Sea Construction (ROCO:5516) 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.

Sun-Sea Construction LT-Debt-to-Total-Asset Related Terms

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Sun-Sea Construction Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sun-Sea Construction Corp (ROCO:5516) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

186 Min Tsu Road, Hsin-chu City, TWN

Website

http://www.sunsea.com.tw

Sun-Sea Construction Corp is engaged in the civil engineering and construction industry. The company constructs commercial buildings, parking lots, schools, technology factories, restaurants, houses, oads, bridges, tunnels and other related projects.

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