Century Sunshine Group Holdings (HKSE:00509) LT-Debt-to-Total-Asset : 0.29 (As of Dec. 2023)

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What is Century Sunshine Group Holdings 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. Century Sunshine Group Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.29.

Century Sunshine Group Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Dec. 2023 (0.29). It may suggest that Century Sunshine Group Holdings is progressively becoming more dependent on debt to grow their business.

Century Sunshine Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Century Sunshine Group Holdings'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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Century Sunshine Group Holdings LT-Debt-to-Total-Asset Chart

Century Sunshine Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.01

0.05

0.29

Century Sunshine Group Holdings 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															-	-	0.05	0.06	0.29

Century Sunshine Group Holdings LT-Debt-to-Total-Asset Calculation

Century Sunshine Group Holdings'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 )
	=	940.636	/	3222.413
	=	0.29

Century Sunshine Group Holdings'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 )
	=	940.636	/	3222.413
	=	0.29

Century Sunshine Group Holdings (HKSE:00509) 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.

Century Sunshine Group Holdings LT-Debt-to-Total-Asset Related Terms

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Century Sunshine Group Holdings (HKSE:00509) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Century Sunshine Group Holdings Ltd (HKSE:00509) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th Floor, Tower 5, The Gateway, Tsim Sha Tsui, Kowloon, Harbour City, HKG

Website

https://www.centurysunshine.com.hk

Century Sunshine Group Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the magnesium products business, fertilizer business, and metallurgical flux business. The magnesium Product segment is engaged in the manufacture and sales of magnesium alloys. Metallurgical Flux segment is engaged in the sales of metallurgical flux, such as serpentine and the Fertilizer segment is engaged in the production and sales of fertilizers, including organic fertilizers and compound fertilizers. The revenue is mainly derived from China.

Executives

Chi Wen Fu	2201 Interest of corporation controlled by you
Alpha Sino International Limited	2101 Beneficial owner
Lee Wai Yin Angela	2106 Person having a security interest in shares
Lo Kai Ming Charles	2106 Person having a security interest in shares

Century Sunshine Group Holdings (HKSE:00509) Headlines

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