SSI Group (PHS:SSI) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is SSI Group 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. SSI Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

SSI Group's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.05). It may suggest that SSI Group is progressively becoming less dependent on debt to grow their business.

SSI Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for SSI Group'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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SSI Group LT-Debt-to-Total-Asset Chart

SSI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.06

0.05

SSI Group Quarterly Data
	Jun19	Sep19	Dec19	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															0.05	0.04	0.03	0.05	0.05

SSI Group LT-Debt-to-Total-Asset Calculation

SSI Group'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 )
	=	1234.977	/	23334.093
	=	0.05

SSI Group'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 )
	=	1215.942	/	24621.539
	=	0.05

SSI Group (PHS:SSI) 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.

SSI Group LT-Debt-to-Total-Asset Related Terms

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SSI Group (PHS:SSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SSI Group Inc (PHS:SSI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

403 Senator Gil Puyat Avenue, 6th Floor, Midland Buendia Building, Makati City, PHL, 1200

Website

https://www.ssigroup.com.ph

SSI Group Inc together with its subsidiaries operates specialty retail stores in the Philippines. The company operates the retail network of more than 524 stores located within approximately 80 malls across the Philippines, including Metro Manila, Luzon, Visayas, and Mindanao. The company provides luxury and bridge apparel, casual wear and fast fashion, footwear, accessories and luggage, food, home and decor, and beauty and personal care products. Geographically, the company derives revenue from Philippines.

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