Century Synthetic Fiber (STC:STK) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2024)

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What is Century Synthetic Fiber 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. Century Synthetic Fiber's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Century Synthetic Fiber's long-term debt to total assets ratio increased from Dec. 2023 (0.14) to Dec. 2024 (0.21). It may suggest that Century Synthetic Fiber is progressively becoming more dependent on debt to grow their business.

Century Synthetic Fiber LT-Debt-to-Total-Asset Historical Data

The historical data trend for Century Synthetic Fiber'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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Century Synthetic Fiber LT-Debt-to-Total-Asset Chart

Century Synthetic Fiber Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.14

0.21

Century Synthetic Fiber 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															0.14	0.24	0.27	0.23	0.21

Century Synthetic Fiber LT-Debt-to-Total-Asset Calculation

Century Synthetic Fiber'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 )
	=	792463.829	/	3811243.832
	=	0.21

Century Synthetic Fiber'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 )
	=	792463.829	/	3811243.832
	=	0.21

Century Synthetic Fiber (STC:STK) 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.

Century Synthetic Fiber LT-Debt-to-Total-Asset Related Terms

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Century Synthetic Fiber Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Century Synthetic Fiber Corp (STC:STK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

B1-1, North West Cu Chi Industrial Zone, Tan An Hoi Commune, Cu Chi District, Hochiminh, VNM

Website

https://www.theky.vn

Century Synthetic Fiber Corp is a Vietnam-based textile manufacturing company. The company is engaged in the manufacturing and selling of synthetic yarns and knitting products in Vietnam. Its products include polyester & yarn.