Saigon Beer Alcohol Beverage (STC:SAB) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Saigon Beer Alcohol Beverage 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. Saigon Beer Alcohol Beverage's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Saigon Beer Alcohol Beverage's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Mar. 2024 (0.01). It may suggest that Saigon Beer Alcohol Beverage is progressively becoming less dependent on debt to grow their business.

Saigon Beer Alcohol Beverage LT-Debt-to-Total-Asset Historical Data

The historical data trend for Saigon Beer Alcohol Beverage'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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Saigon Beer Alcohol Beverage LT-Debt-to-Total-Asset Chart

Saigon Beer Alcohol Beverage Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Saigon Beer Alcohol Beverage Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Saigon Beer Alcohol Beverage LT-Debt-to-Total-Asset Calculation

Saigon Beer Alcohol Beverage'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 )
	=	170828.414	/	34056624.84
	=	0.01

Saigon Beer Alcohol Beverage'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 )
	=	170443.178	/	32146520.856
	=	0.01

Saigon Beer Alcohol Beverage (STC:SAB) 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.

Saigon Beer Alcohol Beverage LT-Debt-to-Total-Asset Related Terms

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Saigon Beer Alcohol Beverage (STC:SAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Saigon Beer Alcohol Beverage Corp (STC:SAB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 187, Nguyen Chi Thanh Street, Ward 12, District 5, Ho Chi Minh City, VNM

Website

https://www.sabeco.com.vn

Saigon Beer Alcohol Beverage Corp operates in the beverage industry. The company produces and sells beer, alcohol, beverages, and related products including material and packaging materials; to provide warehousing, logistics, and transportation services; to manufacture mechanical equipment, structural steel construction, and mechanical equipment installation services; and to construct and provide real estate services.

Saigon Beer Alcohol Beverage (STC:SAB) Headlines

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