ATIF Holdings (ATIF Holdings) LT-Debt-to-Total-Asset : 0.21 (As of Jan. 2024)

View and export this data going back to 2019. Start your Free Trial

What is ATIF Holdings 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. ATIF Holdings's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.21.

ATIF Holdings's long-term debt to total assets ratio increased from Jan. 2023 (0.10) to Jan. 2024 (0.21). It may suggest that ATIF Holdings is progressively becoming more dependent on debt to grow their business.

ATIF Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for ATIF Holdings'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.

* Premium members only.

ATIF Holdings LT-Debt-to-Total-Asset Chart

ATIF Holdings Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.12

0.18

ATIF Holdings Quarterly Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.10	0.09	0.18	0.21	0.21

ATIF Holdings LT-Debt-to-Total-Asset Calculation

ATIF Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	0.689	/	3.769
	=	0.18

ATIF Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	0.528	/	2.489
	=	0.21

ATIF Holdings (NAS:ATIF) 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.

ATIF Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of ATIF Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

ATIF Holdings (ATIF Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ATIF Holdings Ltd (NAS:ATIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630

Website

https://www.atifchina.com

ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.

Executives

Liu Kwong Sang	director	1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu	director, 10 percent owner, officer: Chief Executive Officer	ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming	director, officer: Chief Financial Officer	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd	10 percent owner	25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630