SOHO China (SOHO China) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is SOHO China 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. SOHO China's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

SOHO China's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.16). It may suggest that SOHO China is progressively becoming more dependent on debt to grow their business.

SOHO China LT-Debt-to-Total-Asset Historical Data

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

SOHO China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.25

0.23

0.04

0.16

SOHO China Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.23	0.22	0.04	0.16	0.16

SOHO China LT-Debt-to-Total-Asset Calculation

SOHO China'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 )
	=	1499.551	/	9610.033
	=	0.16

SOHO China's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1499.551	/	9610.033
	=	0.16

SOHO China (OTCPK:SOHOF) 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.

SOHO China LT-Debt-to-Total-Asset Related Terms

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SOHO China (SOHO China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOHO China Ltd (OTCPK:SOHOF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

00410:Hong Kong

Address

No. 6B Chaowai Street, 11th Floor, Tower A, Chaowai SOHO, Chaoyang District, Beijing, CHN, 100020

Website

https://www.sohochina.com

SOHO China Ltd is engaged in real estate development, property leasing, and property management activities. It focuses on the commercial properties in the core areas of Beijing and Shanghai that will benefit from an appreciation in value. All of its rental income revenues are derived from China.

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