SPSTF (Singapore Post) LT-Debt-to-Total-Asset : 0.34 (As of Sep. 2024)

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What is Singapore Post 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. Singapore Post's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.34.

Singapore Post's long-term debt to total assets ratio increased from Sep. 2023 (0.24) to Sep. 2024 (0.34). It may suggest that Singapore Post is progressively becoming more dependent on debt to grow their business.

Singapore Post LT-Debt-to-Total-Asset Historical Data

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

Singapore Post Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.10

0.14

0.18

0.24

0.29

Singapore Post Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.24	0.24	0.29	0.34

Singapore Post LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	687.959	/	2339.023
	=	0.29

Singapore Post'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 )
	=	836.919	/	2448.037
	=	0.34

Singapore Post (OTCPK:SPSTF) 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.

Singapore Post LT-Debt-to-Total-Asset Related Terms

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Singapore Post Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singapore Post Ltd (OTCPK:SPSTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SPSTY:USA S08:Singapore SGR:Germany

Address

10 Eunos Road 8, Singapore Post Centre, Singapore, SGP, 408600

Website

https://www.singpost.com

Singapore Post Ltd is a Singapore-based provider of postal and parcel delivery services. It operates through the following business segments: Post and Parcel, Logistics, Property, and Others. The Post and Parcel segment provides delivery services such as collecting, transporting, and distributing mail. The Logistics segment provides services like freight forwarding and eCommerce logistics, warehousing, fulfillment, delivery, and other value-added services in Asia Pacific. The Property segment leases commercial and self-storage properties. It generates maximum revenue from the Logistics segment. Geographically, the company operates in Australia, which is its key revenue-generating market, Singapore, and other countries.