Hainan Airport Infrastructure Co (SHSE:600515) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

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What is Hainan Airport Infrastructure 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. Hainan Airport Infrastructure Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

Hainan Airport Infrastructure Co's long-term debt to total assets ratio increased from Mar. 2023 (0.35) to Mar. 2024 (0.35). It may suggest that Hainan Airport Infrastructure Co is progressively becoming more dependent on debt to grow their business.

Hainan Airport Infrastructure Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hainan Airport Infrastructure 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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Hainan Airport Infrastructure Co LT-Debt-to-Total-Asset Chart

Hainan Airport Infrastructure Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.07

0.34

0.35

Hainan Airport Infrastructure 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															0.35	0.35	0.34	0.35	0.35

Hainan Airport Infrastructure Co LT-Debt-to-Total-Asset Calculation

Hainan Airport Infrastructure 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 )
	=	19461.977	/	55794.608
	=	0.35

Hainan Airport Infrastructure 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 )
	=	19443.515	/	55536.568
	=	0.35

Hainan Airport Infrastructure Co (SHSE:600515) 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.

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Hainan Airport Infrastructure Co (SHSE:600515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hainan Airport Infrastructure Co Ltd (SHSE:600515) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 5 Guoxing Road, 46th Floor, Haihang Industrial Center, Hainan Province, Haikou, CHN

Website

http://www.hnainfrastructure.com

Hainan Airport Infrastructure Co Ltd, formerly HNA Infrastructure Investment Group Co Ltd engages in the development and management of municipal infrastructure, real estate, and urban complex projects. It is also involved in the investment, construction, operation and management of airport; construction of marine projects; and construction and operation of shops at CBD city complexes, airports, ports, and docks.

Executives

Lu Xiao Ming	Director
Zhu Yu Wen	senior management
Zhang Xiang Rui	Director
Zhang Han An	Director
Shang Duo Xu	Director
Huang Qiu	Director
Chen De Hui	senior management
Ya Zhi Hui	senior management
Xia Jian Feng	senior management
Xu Xian Hong	senior management

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