GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport International Holdings Ltd (HKSE:00062) » Definitions » LT-Debt-to-Total-Asset

Transport International Holdings (HKSE:00062) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Transport International 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. Transport International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Transport International Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.14) to Dec. 2023 (0.14). It may suggest that Transport International Holdings is progressively becoming more dependent on debt to grow their business.

Transport International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Transport International 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.

Transport International Holdings LT-Debt-to-Total-Asset Chart

Transport International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.09 0.10 0.14 0.14

Transport International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.17 0.14 0.16 0.14

Transport International Holdings LT-Debt-to-Total-Asset Calculation

Transport International Holdings'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 )
=3379.493/24187.089
=0.14

Transport International Holdings'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 )
=3379.493/24187.089
=0.14

* 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.

Transport International Holdings  (HKSE:00062) 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.

Transport International Holdings LT-Debt-to-Total-Asset Related Terms

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

Transport International Holdings (HKSE:00062) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Transport International Holdings Ltd (HKSE:00062) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:02169 HKSE:01596 HKSE:01786 HKSE:00306 HKSE:00077 UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066 TSE:9020 SHSE:601006 BOM:542830 GMXT TSE:9021
Traded in Other Exchanges
KWO:Germany
Address
9 Po Lun Street, 15th Floor, Lai Chi Kok, Kowloon, Hong Kong, HKG
Website
http://www.tih.hk
Transport International Holdings Ltd is a public transportation company domiciled in the People's Republic of China. The company's main segments include franchised bus operation and property holdings and development. The franchised bus operation segment, which generates the vast majority of revenue, provides franchised public bus services in Hong Kong. The property holdings and development segment develops and leases nonresidential properties for use as investment properties.
Executives
Hsbc International Trustee Limited 2301 Trustee
Sun Hung Kai Properties Limited
Hsbc Trustee (c.i.) Limited 2301 Trustee
Louey Lai Kuen William 2101 Beneficial owner
Ng Winnie 2101 Beneficial owner
Ng Siu Chan 2101 Beneficial owner

Transport International Holdings (HKSE:00062) Headlines

No Headlines