Wisynco Group (XJAM:WISYNCO) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Wisynco Group 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. Wisynco Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Wisynco Group's long-term debt to total assets ratio declined from Dec. 2023 (0.08) to Dec. 2024 (0.05). It may suggest that Wisynco Group is progressively becoming less dependent on debt to grow their business.

Wisynco Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wisynco Group'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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Wisynco Group LT-Debt-to-Total-Asset Chart

Wisynco Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.08

0.06

0.03

0.09

0.06

Wisynco Group 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															0.08	0.08	0.06	0.06	0.05

Wisynco Group LT-Debt-to-Total-Asset Calculation

Wisynco Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	2266.676	/	36810.529
	=	0.06

Wisynco Group'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 )
	=	1897.866	/	36644.49
	=	0.05

Wisynco Group (XJAM:WISYNCO) 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.

Wisynco Group LT-Debt-to-Total-Asset Related Terms

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Wisynco Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Wisynco Group Ltd (XJAM:WISYNCO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Pen, Spanish Town, Saint Catherine, JAM

Website

https://www.wisynco.com

Wisynco Group Ltd is a manufacturer and distributor. The activities of the company involve the bottling and distribution of purified water and beverages, the distribution and retailing of food items, and the provision of insurance services. The company also manufactures plastic, foam packing, and disposable products mainly used in the retail, food service, and tourism industries. The brands associated with the firm are WATA, Bigga, Boom, and CranWATA.

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