Sporting Clube de Portugal-Futebol (STU:SCG) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)

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What is Sporting Clube de Portugal-Futebol 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. Sporting Clube de Portugal-Futebol's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Sporting Clube de Portugal-Futebol's long-term debt to total assets ratio declined from Mar. 2022 (0.33) to Dec. 2023 (0.20). It may suggest that Sporting Clube de Portugal-Futebol is progressively becoming less dependent on debt to grow their business.

Sporting Clube de Portugal-Futebol LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sporting Clube de Portugal-Futebol'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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Sporting Clube de Portugal-Futebol LT-Debt-to-Total-Asset Chart

Sporting Clube de Portugal-Futebol Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.36

0.34

0.17

0.34

0.27

Sporting Clube de Portugal-Futebol Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.34	0.28	0.27	0.20

Sporting Clube de Portugal-Futebol LT-Debt-to-Total-Asset Calculation

Sporting Clube de Portugal-Futebol's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	86.245	/	317.916
	=	0.27

Sporting Clube de Portugal-Futebol'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 )
	=	80.682	/	398.571
	=

Sporting Clube de Portugal-Futebol (STU: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.

Sporting Clube de Portugal-Futebol LT-Debt-to-Total-Asset Related Terms

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Sporting Clube de Portugal-Futebol (STU:SCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sporting Clube de Portugal-Futebol (STU:SCG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SCP:Portugal

Address

Rua Professor Fernando da Fonseca, Estadio Jose de Alvalade, Apartado 4120, Lisbon, PRT, 1501-806

Website

http://www.sporting.pt

Sporting Clube de Portugal-Futebol is a football club playing in Portugal's First Division. Its other sports include basketball, hockey and athletics and are played in the stadium owned by the company. The group generates revenue from two sources commercial and sports which include a sale of audiovisual rights, from sponsorships, from the sale of advertising space, sale of tickets for games and subscriptions.