Sailvan Times Co (SZSE:301381) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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

Sailvan Times Co's long-term debt to total assets ratio declined from Mar. 2023 (0.16) to Mar. 2024 (0.08). It may suggest that Sailvan Times Co is progressively becoming less dependent on debt to grow their business.

Sailvan Times Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sailvan Times 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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Sailvan Times Co LT-Debt-to-Total-Asset Chart

Sailvan Times Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.21

0.18

0.09

Sailvan Times Co Quarterly Data
	Dec17	Dec18	Dec19	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														0.16	0.15	0.10	0.09	0.08

Sailvan Times Co LT-Debt-to-Total-Asset Calculation

Sailvan Times 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 )
	=	334.247	/	3623.141
	=	0.09

Sailvan Times 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 )
	=	310.316	/	3768.099
	=	0.08

Sailvan Times Co (SZSE:301381) 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.

Sailvan Times Co LT-Debt-to-Total-Asset Related Terms

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Sailvan Times Co (SZSE:301381) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sailvan Times Co Ltd (SZSE:301381) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Nanwan Street, Room 1001, No. 6, Kangli City, Shanglilang Community, Longgang District, Guangdong, Shenzhen, CHN, 518112

Website

https://www.sailvan.com

Sailvan Times Co Ltd is a technology-driven export cross-border brand e-commerce. The company sells high-quality and individuality to global consumers through third-party e-commerce platforms such as Amazon, Walmart, eBay, Wish, and vertical category self-operated websites such as SHESHOW and Retro Stage. It offers modern lifestyle products, including clothing accessories, sports and entertainment, department stores and home furnishings and others. The company also provides logistics services to third parties based on its comprehensive cross-border warehousing and logistics system.

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