Southern Publishing and Media Co (SHSE:601900) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Southern Publishing and Media Co 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. Southern Publishing and Media Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Southern Publishing and Media Co's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.08). It may suggest that Southern Publishing and Media Co is progressively becoming more dependent on debt to grow their business.

Southern Publishing and Media Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Southern Publishing and Media Co'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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Southern Publishing and Media Co LT-Debt-to-Total-Asset Chart

Southern Publishing and Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.03

0.05

0.06

0.07

Southern Publishing and Media Co 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															0.06	0.07	0.06	0.07	0.08

Southern Publishing and Media Co LT-Debt-to-Total-Asset Calculation

Southern Publishing and Media Co'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 )
	=	1154.88	/	16237.851
	=	0.07

Southern Publishing and Media Co'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 )
	=	1328.004	/	17033.046
	=	0.08

Southern Publishing and Media Co (SHSE:601900) 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.

Southern Publishing and Media Co LT-Debt-to-Total-Asset Related Terms

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Southern Publishing and Media Co (SHSE:601900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Southern Publishing and Media Co Ltd (SHSE:601900) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

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Address

Huanshi East Road, 11th Floor, No. 472, Yuexiu District, Guangdong Province, Guangzhou, CHN, 510075

Website

http://www.nfcb.com.cn

Southern Publishing and Media Co Ltd is a publishing company. The company operates as editors, publisher, distributor, wholesaler and retailer books, newspapers, audio-visual products, electronic publications, online books, framework media and other media products, newspapers and periodicals, packaging and decoration printing, printing materials sales, publications import and export.

Southern Publishing and Media Co (SHSE:601900) Headlines

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