SYYNY (SYN Prop E Tech) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is SYN Prop E Tech 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. SYN Prop E Tech's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

SYN Prop E Tech's long-term debt to total assets ratio declined from Dec. 2023 (0.24) to Dec. 2024 (0.22). It may suggest that SYN Prop E Tech is progressively becoming less dependent on debt to grow their business.

SYN Prop E Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for SYN Prop E Tech'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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SYN Prop E Tech LT-Debt-to-Total-Asset Chart

SYN Prop E Tech Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.28

0.25

0.24

0.22

SYN Prop E Tech 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															0.24	0.21	0.20	0.21	0.22

SYN Prop E Tech LT-Debt-to-Total-Asset Calculation

SYN Prop E Tech'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 )
	=	112.526	/	516.009
	=	0.22

SYN Prop E Tech'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 )
	=	112.526	/	516.009
	=	0.22

SYN Prop E Tech (OTCPK:SYYNY) 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.

SYN Prop E Tech LT-Debt-to-Total-Asset Related Terms

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SYN Prop E Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SYN Prop E Tech SA (OTCPK:SYYNY) » Definitions » LT-Debt-to-Total-Asset

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SYNE3:Brazil

Address

Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, CEP: 04538-132

Website

https://www.ccpsa.com.br

SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, sale, and lease of commercial properties, operation of shopping malls, provision of management, contract management, real estate development services, and other related services. The company is organized into three operating segments Buildings, Shopping malls, Services, and Others. The maximum revenue of the company is earned from the Shopping malls consisting of the lease of stores in shopping malls. The Buildings segment consists of the sale and lease of completed office buildings, the Services segment consists of services involving the management of shopping malls, development of properties, and operation of parking lots, and the others segment consists of the lease of other types of properties.