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Readboy Education Holding Co (HKSE:02385) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Readboy Education Holding 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. Readboy Education Holding Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Readboy Education Holding Co's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Readboy Education Holding Co is progressively becoming more dependent on debt to grow their business.


Readboy Education Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Readboy Education Holding 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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Readboy Education Holding Co LT-Debt-to-Total-Asset Chart

Readboy Education Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.15 - -

Readboy Education Holding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.15 0.23 - - -

Readboy Education Holding Co LT-Debt-to-Total-Asset Calculation

Readboy Education Holding 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 )
=2.403/791.708
=0.00

Readboy Education Holding Co'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 )
=2.403/791.708
=0.00

* 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.


Readboy Education Holding Co  (HKSE:02385) 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.


Readboy Education Holding Co LT-Debt-to-Total-Asset Related Terms

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Readboy Education Holding Co (HKSE:02385) Business Description

Traded in Other Exchanges
N/A
Address
No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN
Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.
Executives
Liu Zhilan 2101 Beneficial owner
Alpine Sky Limited 2101 Beneficial owner
Equiom Fiduciary Services (hong Kong) Limited 2301 Trustee
Kimlan Limited 2103 Interests held jointly with another person
Maples Trustee Services (cayman) Limited 2103 Interests held jointly with another person
Qin Shuguang 2201 Interest of corporation controlled by you
Sky Focus Holdings Limited 2103 Interests held jointly with another person
Trade Honour Holdings Limited 2101 Beneficial owner
Chen Zhiyong 2103 Interests held jointly with another person

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