Haidilao International Holding (Haidilao International Holding) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is Haidilao International Holding 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. Haidilao International Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Haidilao International Holding's long-term debt to total assets ratio declined from Dec. 2022 (0.31) to Dec. 2023 (0.23). It may suggest that Haidilao International Holding is progressively becoming less dependent on debt to grow their business.

Haidilao International Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haidilao International Holding'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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Haidilao International Holding LT-Debt-to-Total-Asset Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.21

0.27

0.36

0.31

0.23

Haidilao International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.36	0.38	0.31	0.26	0.23

Haidilao International Holding LT-Debt-to-Total-Asset Calculation

Haidilao International Holding'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 )
	=	797.01	/	3456.065
	=	0.23

Haidilao International Holding'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 )
	=	797.01	/	3456.065
	=	0.23

Haidilao International Holding (OTCPK:HDALF) 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.

Haidilao International Holding LT-Debt-to-Total-Asset Related Terms

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Haidilao International Holding (Haidilao International Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (OTCPK:HDALF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

06862:Hong Kong 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.