Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Thanh Cong Textile Garment Investment Trading 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. Thanh Cong Textile Garment Investment Trading JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Thanh Cong Textile Garment Investment Trading JSC's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.02) to Dec. 2024 (0.02).

Thanh Cong Textile Garment Investment Trading JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thanh Cong Textile Garment Investment Trading 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.

* Premium members only.

Thanh Cong Textile Garment Investment Trading JSC LT-Debt-to-Total-Asset Chart

Thanh Cong Textile Garment Investment Trading JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.03

0.04

0.02

Thanh Cong Textile Garment Investment Trading 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	0.01	0.01	0.02

Thanh Cong Textile Garment Investment Trading JSC LT-Debt-to-Total-Asset Calculation

Thanh Cong Textile Garment Investment Trading 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 )
	=	59608.48	/	3895534.414
	=	0.02

Thanh Cong Textile Garment Investment Trading 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 )
	=	59608.48	/	3895534.414
	=	0.02

Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) 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.

Thanh Cong Textile Garment Investment Trading JSC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Thanh Cong Textile Garment Investment Trading JSC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Thanh Cong Textile Garment Investment Trading JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Tay Thanh Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City, VNM

Website

http://www.thanhcong.com.vn

Thanh Cong Textile Garment Investment Trading JSC is a Vietnam based textile manufacturing company. Its business activity includes manufacturing and trading products of spinning, weaving, knitting, dyeing of the garment. In addition, the organization is also involved in the business areas of Fashion retail; Real Estate; and Trademarks. It generates maximum revenue from sale of Garment. Geographically, the company operates in USA, Europe, China, South Korea, Japan, Vietnam and Other countries.

Thanh Cong Textile Garment Investment Trading JSC Headlines

No Headlines