EuroSports Global (SGX:5G1) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is EuroSports Global 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. EuroSports Global's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

EuroSports Global's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that EuroSports Global is progressively becoming less dependent on debt to grow their business.

EuroSports Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for EuroSports Global'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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EuroSports Global LT-Debt-to-Total-Asset Chart

EuroSports Global Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.26

0.17

0.06

0.10

0.09

EuroSports Global Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.10	0.11	0.09

EuroSports Global LT-Debt-to-Total-Asset Calculation

EuroSports Global'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 )
	=	3.669	/	41.406
	=	0.09

EuroSports Global'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 )
	=	3.669	/	41.406
	=	0.09

EuroSports Global (SGX:5G1) 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.

EuroSports Global LT-Debt-to-Total-Asset Related Terms

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EuroSports Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EuroSports Global Ltd (SGX:5G1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

777:Germany

Address

24 Leng Kee Road, Number 01-03, Singapore, SGP, 159096

Website

https://www.eurosportsglobal.com

EuroSports Global Ltd is an investment holding company, which engages in the provision of management services. The segments of the company are Automobiles Distribution, Sustainable Mobility and Others. The Automobiles Distribution segment which derives the majority of revenue retails new luxury automobiles as well as pre-owned automobiles, the Sustainable Mobility segment engages in developing electric motorcycles, and the Other segment includes sales of watches.

EuroSports Global Headlines

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