SUNH (Xuhang Holdings) LT-Debt-to-Total-Asset: 0.01 (As of Dec. 2023)


What is Xuhang Holdings LT-Debt-to-Total-Asset?

Xuhang Holdings SUNH LT-Debt-to-Total-Asset is 0.01 as of Dec. 2023.

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. Xuhang Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Xuhang Holdings's long-term debt to total assets ratio declined from Dec. 2021 (0.01) to Dec. 2023 (0.01). It may suggest that Xuhang Holdings is progressively becoming less dependent on debt to grow their business.

Xuhang Holdings  (NAS:SUNH) 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.

Xuhang Holdings LT-Debt-to-Total-Asset Related Terms

Xuhang Holdings LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Xuhang Holdings'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.

Xuhang Holdings LT-Debt-to-Total-Asset Chart

Xuhang Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.07 0.01 0.00 0.01

Xuhang Holdings Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.01 0.01 0.00 0.01 0.01

Xuhang Holdings LT-Debt-to-Total-Asset Calculation

Xuhang Holdings'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 )
=0.634/129.821
=0.00

Xuhang Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=0.634/129.821
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Xuhang Holdings (SUNH) has a LT-Debt-to-Total-Asset of 0.01 as of Dec. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Xuhang Holdings and its competitors.
Is Xuhang Holdings' LT-Debt-to-Total-Asset too high?
Xuhang Holdings' current LT-Debt-to-Total-Asset is 0.01.
How does Xuhang Holdings' LT-Debt-to-Total-Asset compare to ?
Xuhang Holdings' LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Media - Diversified company?
A good LT-Debt-to-Total-Asset depends on the Media - Diversified industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Xuhang Holdings and its competitors. Xuhang Holdings's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xuhang Holdings stock overvalued right now?
Xuhang Holdings (SUNH) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Xuhang Holdings (SUNH), the current LT-Debt-to-Total-Asset is 0.01 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xuhang Holdings Business Description

Comparable Companies
Address 198 Shenban Road, Building 2, Shangtanghe 198 Cultural and Creative Park, Gongshu District, Zhejiang Province, Hangzhou, CHN, 310000
Xuhang Holdings Ltd is principally engaged in new media-integrated content marketing services and digital advertising services through its subsidiaries. It offers services such as creative marketing services, online-offline-linkage marketing activity services, live-streaming services and digital product services. Also, Xuhang provides online traffic services to large internet media platforms by generating or directing user traffic to those media platforms through editing and producing captivating short videos.