Sina Finance and Credit Co (XTEH:VSIN1) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2014)

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What is Sina Finance and Credit Co 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. Sina Finance and Credit Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2014 was 0.04.

Sina Finance and Credit Co's long-term debt to total assets ratio increased from Mar. 2012 (0.00) to Mar. 2014 (0.04). It may suggest that Sina Finance and Credit Co is progressively becoming more dependent on debt to grow their business.

Sina Finance and Credit Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sina Finance and Credit Co'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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Sina Finance and Credit Co LT-Debt-to-Total-Asset Chart

Sina Finance and Credit Co Annual Data

Trend

Mar12

Mar13

Mar14

LT-Debt-to-Total-Asset

0.04

Sina Finance and Credit Co Semi-Annual Data
	Mar12	Mar13	Mar14
LT-Debt-to-Total-Asset	-	0.04	0.04

Sina Finance and Credit Co LT-Debt-to-Total-Asset Calculation

Sina Finance and Credit Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

LT Debt to Total Assets (A: Mar. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2014 )	/	Total Assets (A: Mar. 2014 )
	=	5396046	/	122980000
	=	0.04

Sina Finance and Credit Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

LT Debt to Total Assets (Q: Mar. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2014 )	/	Total Assets (Q: Mar. 2014 )
	=	5396046	/	122980000
	=	0.04

Sina Finance and Credit Co (XTEH:VSIN1) 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.

Sina Finance and Credit Co LT-Debt-to-Total-Asset Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 187 Motahari Avenue, Tehran, IRN, 1587998411

Website

http://www.sinabank.ir

Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

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