An Gia Real Estate Investment And Development (STC:AGG) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is An Gia Real Estate Investment And Development 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. An Gia Real Estate Investment And Development's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

An Gia Real Estate Investment And Development's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.08). It may suggest that An Gia Real Estate Investment And Development is progressively becoming more dependent on debt to grow their business.

An Gia Real Estate Investment And Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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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An Gia Real Estate Investment And Development LT-Debt-to-Total-Asset Chart

An Gia Real Estate Investment And Development Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.15

0.20

0.09

0.05

0.07

An Gia Real Estate Investment And Development 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															0.07	0.05	0.05	0.07	0.08

An Gia Real Estate Investment And Development LT-Debt-to-Total-Asset Calculation

An Gia Real Estate Investment And Development'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 )
	=	691055	/	9293398.077
	=	0.07

An Gia Real Estate Investment And Development'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 )
	=	688589	/	8481657.84
	=	0.08

An Gia Real Estate Investment And Development (STC:AGG) 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.

An Gia Real Estate Investment And Development LT-Debt-to-Total-Asset Related Terms

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An Gia Real Estate Investment And Development (STC:AGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » An Gia Real Estate Investment And Development Corp (STC:AGG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

https://www.angia.com.vn

An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.