Shirble Department Store Holdings (China) (HKSE:00312) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Shirble Department Store Holdings (China) 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. Shirble Department Store Holdings (China)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.28.

Shirble Department Store Holdings (China)'s long-term debt to total assets ratio declined from Dec. 2022 (0.31) to Dec. 2023 (0.28). It may suggest that Shirble Department Store Holdings (China) is progressively becoming less dependent on debt to grow their business.

Shirble Department Store Holdings (China) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shirble Department Store Holdings (China)'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.

* Premium members only.

Shirble Department Store Holdings (China) LT-Debt-to-Total-Asset Chart

Shirble Department Store Holdings (China) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.31

0.30

0.37

0.31

0.28

Shirble Department Store Holdings (China) 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															0.37	0.38	0.31	0.24	0.28

Shirble Department Store Holdings (China) LT-Debt-to-Total-Asset Calculation

Shirble Department Store Holdings (China)'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 )
	=	715.074	/	2562.091
	=	0.28

Shirble Department Store Holdings (China)'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 )
	=	715.074	/	2562.091
	=	0.28

Shirble Department Store Holdings (China) (HKSE:00312) 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.

Shirble Department Store Holdings (China) LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Shirble Department Store Holdings (China)'s LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Shirble Department Store Holdings (China) (HKSE:00312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirble Department Store Holdings (China) Ltd (HKSE:00312) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 412 Bagua 4th Road, 7th Floor , Sen Tou Zhi Gu Building, Futian District, Shenzhen, CHN

Website

https://www.shirblehk.com

Shirble Department Store Holdings (China) Ltd is an investment holding company operating in department stores business. Different range of merchandise is offered in the company's department stores, including daily consumer products, household necessities, footwear, textiles, apparel, cosmetics, children's and households' goods and electrical appliances. The group operates in two business segments namely Department stores business, and Others. It generates maximum revenue from Department stores business. The Group's revenue and non-current assets are attributable to the market in the PRC.

Executives

Hao Jian Min
Huang Xue Rong	2304 Executor or administrator
Yang Xiang Bo	2201 Interest of corporation controlled by you
Su Chen	2202 Interest of your spouse

Shirble Department Store Holdings (China) (HKSE:00312) Headlines

No Headlines