SNDA (Sonida Senior Living) LT-Debt-to-Total-Asset : 0.74 (As of Sep. 2024)

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What is Sonida Senior Living 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. Sonida Senior Living's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.74.

Sonida Senior Living's long-term debt to total assets ratio declined from Sep. 2023 (0.90) to Sep. 2024 (0.74). It may suggest that Sonida Senior Living is progressively becoming less dependent on debt to grow their business.

Sonida Senior Living LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sonida Senior Living'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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Sonida Senior Living LT-Debt-to-Total-Asset Chart

Sonida Senior Living Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.89

0.86

0.84

0.95

Sonida Senior Living Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.90	0.95	0.90	0.89	0.74

Sonida Senior Living LT-Debt-to-Total-Asset Calculation

Sonida Senior Living'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 )
	=	587.099	/	621.46
	=	0.94

Sonida Senior Living'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 )
	=	589.975	/	796.235
	=	0.74

Sonida Senior Living (NYSE:SNDA) 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.

Sonida Senior Living LT-Debt-to-Total-Asset Related Terms

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Sonida Senior Living Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sonida Senior Living Inc (NYSE:SNDA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

13C0:Germany 13C0:Germany

Address

14755 Preston Road, Suite 810, Dallas, TX, USA, 75254

Website

https://www.sonidaseniorliving.com

Sonida Senior Living Inc is an owner-operator of senior housing communities in the United States in terms of resident capacity. It provides senior living services to the elderly, including independent living, assisted living, Respite Care and Temporary Care Programs, Home Care Services, and memory care services. The company's objective is to provide value to residents by providing quality senior housing services at reasonable prices. The basic service of the company is comprised of meals, housekeeping, laundry, 24-hour staffing, transportation, social and recreational activities, and healthcare monitoring.

Executives

Kevin Detz	officer: Chief Financial Officer	16301 QUORUM DRIVE, SUITE 160A, ADDISON TX 75001
Noah Beren	director	C/O GF INVESTMENTS, 810 7TH AVE., 28TH FLOOR, NEW YORK NY 10019
Timothy Cober	officer: See Remarks	16301 QUORUM DRIVE, SUITE 160A, ADDISON TX 75001
Michael Karicher	officer: See Remarks	16301 QUORUM DRIVE, SUITE 160A, ADDISON TX 75001
Brandon Ribar	officer: EVP and COO	14160 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
Michael Simanovsky	director, 10 percent owner	90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Sam Levinson	10 percent owner	9190 PRIORITY WAY WEST DRIVE, SUITE 300, INDIANAPOLIS IN 46240
Reanae Clark	officer: See remarks	14755 PRESTON ROAD, SUITE 810, DALLAS TX 75254
Michael Fryar	officer: SVP-Chief Revenue Officer	14160 DALLAS PARKWAY, SUITE 300, DALLAS TX 75254
Ortelius Advisors, L.p.	10 percent owner	450 PARK AVENUE, SUITE 2700, NEW YORK NY 10022
Shmuel Lieberman	director	C/O GF INVESTMENTS, 810 7TH AVE 28TH FLOOR, NEW YORK NY 10019
Hudson Investors, Ltd.	10 percent owner	450 PARK AVENUE, SUITE 2700, NEW YORK NY 10022
Ortelius Capital Partners, Llc	10 percent owner	450 PARK AVENUE, SUITE 2700, NEW YORK NY 10022
Howard Steven Garfield	officer: Chief Accounting Officer	15601 DALLAS PARKWAY, SUITE 600, ADDISON TX 75001
Benjamin P Harris	director	WP CAREY & CO LLC, 50 ROCKEFELLER PLAZA, NEW YORK NY 10020