SBC (SBC Medical Group Holdings) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is SBC Medical Group 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. SBC Medical Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

SBC Medical Group Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Sep. 2024 (0.05). It may suggest that SBC Medical Group Holdings is progressively becoming more dependent on debt to grow their business.

SBC Medical Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for SBC Medical Group 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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SBC Medical Group Holdings LT-Debt-to-Total-Asset Chart

SBC Medical Group Holdings Annual Data

Trend

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.06

SBC Medical Group Holdings Quarterly Data
	Dec22	Sep23	Dec23	Jun24	Sep24
LT-Debt-to-Total-Asset	0.04	-	0.06	0.06	0.05

SBC Medical Group Holdings LT-Debt-to-Total-Asset Calculation

SBC Medical Group Holdings'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 )
	=	15.455	/	258.805
	=	0.06

SBC Medical Group Holdings'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 )
	=	13.874	/	296.479
	=	0.05

SBC Medical Group Holdings (NAS:SBC) 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.

SBC Medical Group Holdings LT-Debt-to-Total-Asset Related Terms

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SBC Medical Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SBC Medical Group Holdings Inc (NAS:SBC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-5-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1303

Website

https://www.sbc-med.com

SBC Medical Group Holdings Inc is a management company that provides management services to cosmetic treatment centers mainly in Japan. It is primarily focused on providing comprehensive management services to franchisee clinics, including but not limited to advertising and marketing needs across various platforms (such as social media networks), staff management (such as recruitment and training), booking reservations for franchisee clinic customers, assistance with franchisee employee housing rentals and facility rentals, construction and design of franchisee clinics, medical equipment and medical consumables procurement (resale). They provide management services to a total of One hundred fifty eight franchisee treatment centers under the brand name Shonan Beauty Clinic located in Japan.