Dalian Sunasia Tourism Holding Co (SHSE:600593) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Dalian Sunasia Tourism Holding 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. Dalian Sunasia Tourism Holding Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Dalian Sunasia Tourism Holding Co's long-term debt to total assets ratio declined from Mar. 2023 (0.22) to Mar. 2024 (0.20). It may suggest that Dalian Sunasia Tourism Holding Co is progressively becoming less dependent on debt to grow their business.

Dalian Sunasia Tourism Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dalian Sunasia Tourism Holding 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.

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Dalian Sunasia Tourism Holding Co LT-Debt-to-Total-Asset Chart

Dalian Sunasia Tourism Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.22

0.21

0.22

0.20

Dalian Sunasia Tourism Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.22	0.22	0.20	0.20

Dalian Sunasia Tourism Holding Co LT-Debt-to-Total-Asset Calculation

Dalian Sunasia Tourism Holding Co'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 )
	=	432.912	/	2121.669
	=	0.20

Dalian Sunasia Tourism Holding Co'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 )
	=	431.648	/	2150.761
	=	0.20

Dalian Sunasia Tourism Holding Co (SHSE:600593) 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.

Dalian Sunasia Tourism Holding Co LT-Debt-to-Total-Asset Related Terms

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Dalian Sunasia Tourism Holding Co (SHSE:600593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Dalian Sunasia Tourism Holding Co Ltd (SHSE:600593) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 608-6-8 Zhongshan Road, Shahekou District, Xigang District, Dalian, Liaoning, CHN, 116023

Website

http://www.sunasia.com

Dalian Sunasia Tourism Holding Co Ltd operates in the entertainment industry. It operates theme parks which include aquariums, animal encounters, and other facilities.

Executives

Yang Zi Ping	Director
Xiao Feng	Director
Sun Xiang	senior management
Ding Xia	senior management
Tian Li	senior management
Liu Ming	senior management
Sun Tong	senior management
Wang Shuang Hong	Director
Liu Zhi Liang	Director

Dalian Sunasia Tourism Holding Co (SHSE:600593) Headlines

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