Sunright (SGX:S71) LT-Debt-to-Total-Asset : 0.04 (As of Jan. 2025)

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What is Sunright 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. Sunright's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.04.

Sunright's long-term debt to total assets ratio declined from Jan. 2024 (0.10) to Jan. 2025 (0.04). It may suggest that Sunright is progressively becoming less dependent on debt to grow their business.

Sunright LT-Debt-to-Total-Asset Historical Data

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

Sunright Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.02

0.03

0.05

0.11

0.07

Sunright Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.11	0.10	0.07	0.04

Sunright LT-Debt-to-Total-Asset Calculation

Sunright's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	11.502	/	172.159
	=	0.07

Sunright's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	6.801	/	163
	=	0.04

Sunright (SGX:S71) 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.

Sunright LT-Debt-to-Total-Asset Related Terms

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Sunright Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sunright Ltd (SGX:S71) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Block 1093 Lower Delta Road, No. 02-01/08, Singapore, SGP, 169204

Website

https://www.sunright.com

Sunright Ltd is an investment holding and management services company. It provides testing and burn-in of integrated circuits and electronic manufacturing services. It manufactures parallel test and burn-in systems and burn-in boards. The company business segments include Burn-in and testing segment and Others. The Burn-in and testing segment is in the business of burn-in and test related activities. The Others segment involves Group-level corporate services, treasury and investments functions, business of trading in and distribution of high-technology electronic products. The company operates in Singapore, Malaysia, China, Other Asian countries, and the United States of which Malaysia generates the maximum revenue.

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