The Southern Rubber Industry JSC (STC:CSM) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is The Southern Rubber Industry JSC 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. The Southern Rubber Industry JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

The Southern Rubber Industry JSC's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.01). It may suggest that The Southern Rubber Industry JSC is progressively becoming less dependent on debt to grow their business.

The Southern Rubber Industry JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Southern Rubber Industry JSC'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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The Southern Rubber Industry JSC LT-Debt-to-Total-Asset Chart

The Southern Rubber Industry JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.09

0.05

0.03

0.02

0.01

The Southern Rubber Industry JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.01	0.01

The Southern Rubber Industry JSC LT-Debt-to-Total-Asset Calculation

The Southern Rubber Industry JSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	48712.481	/	3817652.41
	=	0.01

The Southern Rubber Industry JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	48712.481	/	3817652.41
	=	0.01

The Southern Rubber Industry JSC (STC:CSM) 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.

The Southern Rubber Industry JSC LT-Debt-to-Total-Asset Related Terms

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The Southern Rubber Industry JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » The Southern Rubber Industry JSC (STC:CSM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

180 Nguyen Thi Minh Khai street, Ward 6, District 3, Ho Chi Minh City, VNM

Website

http://www.casumina.com

The Southern Rubber Industry JSC is a Vietnam based manufacturer and seller of tires and tubes. The company offers trucks and light trucks tires and tubes, motorcycle tires and tubes, passenger car radial tires, bicycle tires and tubes, industrial tires and tubes, electric vehicle tires and tubes, specific tires and tubes, and other products. The organization has a business presence in Vietnam and other countries.