Sing Tao News (FRA:PVGB) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Sing Tao News 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. Sing Tao News's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Sing Tao News's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.01). It may suggest that Sing Tao News is progressively becoming less dependent on debt to grow their business.

Sing Tao News LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sing Tao News'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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Sing Tao News LT-Debt-to-Total-Asset Chart

Sing Tao News Annual Data

Trend

Dec14

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Dec17

Dec18

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Dec20

Dec21

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Dec23

LT-Debt-to-Total-Asset

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0.01

Sing Tao News Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	0.01	0.01

Sing Tao News LT-Debt-to-Total-Asset Calculation

Sing Tao News'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 )
	=	1.537	/	236.149
	=	0.01

Sing Tao News'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 )
	=	1.537	/	236.149
	=	0.01

Sing Tao News (FRA:PVGB) 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.

Sing Tao News LT-Debt-to-Total-Asset Related Terms

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Sing Tao News (FRA:PVGB) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sing Tao News Corp Ltd (FRA:PVGB) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

STAOF:USA 01105:Hong Kong

Address

7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG

Website

https://www.singtaonewscorp.com

Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Sing Tao News (FRA:PVGB) Headlines

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