SCG Construction JSC (HSTC:SCG) LT-Debt-to-Total-Asset : 0.22 (As of Mar. 2024)

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What is SCG Construction JSC 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. SCG Construction JSC's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.22.

SCG Construction JSC's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.22). It may suggest that SCG Construction JSC is progressively becoming more dependent on debt to grow their business.

SCG Construction JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for SCG Construction JSC'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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SCG Construction JSC LT-Debt-to-Total-Asset Chart

SCG Construction JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.33

0.02

0.22

SCG Construction JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.02	0.48	0.48	0.22	0.22

SCG Construction JSC LT-Debt-to-Total-Asset Calculation

SCG Construction JSC'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 )
	=	1481741.004	/	6799012.338
	=	0.22

SCG Construction JSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1481929.265	/	6603463.917
	=	0.22

SCG Construction JSC (HSTC:SCG) 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.

SCG Construction JSC LT-Debt-to-Total-Asset Related Terms

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SCG Construction JSC (HSTC:SCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SCG Construction JSC (HSTC:SCG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.16 Pham Hung Street, 8th Floor, Sunshine Center Building, My Dinh 2 Ward, Nam Tu Liem District, Hanoi, VNM

Website

https://www.scgr.vn

SCG Construction JSC is a construction corporation in Vietnam. Its Diverse construction fields include high-rise buildings, urban areas, industry, infrastructure, seaports, airports, public works.