Kuaishou Technology (HKSE:01024) Debt-to-Asset : 0.15 (As of Dec. 2023)

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What is Kuaishou Technology Debt-to-Asset?

Kuaishou Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,003 Mil. Kuaishou Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,193 Mil. Kuaishou Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$116,264 Mil. Kuaishou Technology's debt to asset for the quarter that ended in Dec. 2023 was 0.15.

Kuaishou Technology Debt-to-Asset Historical Data

The historical data trend for Kuaishou Technology'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.

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Kuaishou Technology Debt-to-Asset Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.14

0.11

0.15

Kuaishou Technology Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.15	0.14	0.17	0.12	0.15

Competitive Comparison of Kuaishou Technology's Debt-to-Asset

For the Internet Content & Information subindustry, Kuaishou Technology'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.

Kuaishou Technology's Debt-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kuaishou Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Kuaishou Technology's Debt-to-Asset falls into.

Kuaishou Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kuaishou Technology'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
	=	(8003.18	+	9193.212)	/	116264.32
	=	0.15

Kuaishou Technology's Debt-to-Asset for the quarter 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
	=	(8003.18	+	9193.212)	/	116264.32
	=	0.15

Kuaishou Technology (HKSE:01024) 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.

Kuaishou Technology Debt-to-Asset Related Terms

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Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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