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Shin Kong Financial Holding Co (TPE:2888) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Shin Kong Financial Holding Co Debt-to-Asset?

Shin Kong Financial Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$0 Mil. Shin Kong Financial Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$113,307 Mil. Shin Kong Financial Holding Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$5,084,231 Mil. Shin Kong Financial Holding Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Shin Kong Financial Holding Co Debt-to-Asset Historical Data

The historical data trend for Shin Kong Financial Holding Co's Debt-to-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.

Shin Kong Financial Holding Co Debt-to-Asset Chart

Shin Kong Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Shin Kong Financial Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Shin Kong Financial Holding Co's Debt-to-Asset

For the Insurance - Life subindustry, Shin Kong Financial Holding Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shin Kong Financial Holding Co's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Shin Kong Financial Holding Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shin Kong Financial Holding Co's Debt-to-Asset falls into.



Shin Kong Financial Holding Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shin Kong Financial Holding Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 100962.292) / 4953494.191
=0.02

Shin Kong Financial Holding Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 113307.102) / 5084230.821
=0.02

* 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.


Shin Kong Financial Holding Co  (TPE:2888) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Shin Kong Financial Holding Co Debt-to-Asset Related Terms

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Shin Kong Financial Holding Co (TPE:2888) Business Description

Traded in Other Exchanges
Address
No. 66 Chung-Hsiao West Road, Section 1, 38th Floor, Taipei, TWN
Shin Kong Financial Holding Co Ltd is a Taiwanese financial services company, mainly offering insurance and banking. Its subsidiaries offer life insurance, banking, asset management, securities, property insurance agency, and venture capital. The company is engaged in other various nonfinancial operations: natural gas and telecommunication services; construction, leasing, sale, and management of high-end residential, office, and commercial properties; production of high-quality textiles; and healthcare. Its segment comprises Insurance; Banking; Securities; and Others out of which the Insurance segment derives the majority of revenue.

Shin Kong Financial Holding Co (TPE:2888) Headlines

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