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COSCO Shipping International (Singapore) Co (SGX:F83) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)


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What is COSCO Shipping International (Singapore) Co 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. COSCO Shipping International (Singapore) Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

COSCO Shipping International (Singapore) Co's long-term debt to total assets ratio declined from Dec. 2023 (0.28) to Dec. 2024 (0.21). It may suggest that COSCO Shipping International (Singapore) Co is progressively becoming less dependent on debt to grow their business.

COSCO Shipping International (Singapore) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for COSCO Shipping International (Singapore) Co'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.

COSCO Shipping International (Singapore) Co LT-Debt-to-Total-Asset Chart

COSCO Shipping International (Singapore) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.27 0.32 0.28 0.21

COSCO Shipping International (Singapore) Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.28 0.28 0.25 0.21

COSCO Shipping International (Singapore) Co LT-Debt-to-Total-Asset Calculation

COSCO Shipping International (Singapore) Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=173.517/846.199
=0.21

COSCO Shipping International (Singapore) Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=173.517/846.199
=0.21

* 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.

COSCO Shipping International (Singapore) Co  (SGX:F83) 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.

COSCO Shipping International (Singapore) Co LT-Debt-to-Total-Asset Related Terms

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COSCO Shipping International (Singapore) Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO Shipping International (Singapore) Co Ltd (SGX:F83) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SGX:595 SGX:BIP SGX:BTJ SGX:R14 SGX:S08 UPS FDX XTER:DHL OCSE:DSV SZSE:002352 XSWX:KNIN EXPD ZTO JBHT CHRW HKSE:02618 HKSE:01519 TSE:9143 SHSE:600233 XKRX:086280
Traded in Other Exchanges
CSCMY:USA VZS:Germany
Address
30 Cecil Street, No. 26-01 Prudential Tower, Singapore, SGP, 049712
Website
https://www.coscoshipping.com.sg
COSCO Shipping International (Singapore) Co Ltd is an investment holding company that operates and engages in ship repair and marine engineering activities, including annual inspection, ship store supply, fabrication work services, and production of outfitting components. It operates in the following segments: shipping, ship repair and marine engineering activities, logistics, property management, and others. The majority of its revenue is derived from the Logistics segment. It operates in two geographic areas Singapore operations in this area are principally in ship repair and marine engineering related activities, logistics, and property management; and in Malaysia, the operations in this area are principally in logistics activities.

COSCO Shipping International (Singapore) Co Headlines

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