SOLLY (Shui On Land) LT-Debt-to-Total-Asset : 0.28 (As of Jun. 2024)

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What is Shui On Land 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. Shui On Land's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.28.

Shui On Land's long-term debt to total assets ratio increased from Jun. 2023 (0.27) to Jun. 2024 (0.28). It may suggest that Shui On Land is progressively becoming more dependent on debt to grow their business.

Shui On Land LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shui On Land'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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Shui On Land LT-Debt-to-Total-Asset Chart

Shui On Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.21

0.22

0.26

Shui On Land Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.26	0.27	0.26	0.28

Shui On Land LT-Debt-to-Total-Asset Calculation

Shui On Land'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 )
	=	3612.644	/	14144.982
	=	0.26

Shui On Land's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	3800.295	/	13835.858
	=	0.27

Shui On Land (OTCPK:SOLLY) 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.

Shui On Land LT-Debt-to-Total-Asset Related Terms

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Shui On Land Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shui On Land Ltd (OTCPK:SOLLY) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00272:Hong Kong

Address

333 Huai Hai Zhong Road, 26th Floor, Shui On Plaza, Shanghai, CHN, 200021

Website

https://www.shuionland.com

Shui On Land Ltd is an investment holding company. It develops and operates residential, office, retail, entertainment, and cultural properties. The reportable segments of the company are Property investment which comprises investment, ownership, and operation of commercial properties and provision of other rental-related services. Property management which comprises commercial and residential property management services. And Real estate asset management which comprises commercial asset management services.