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National United Resources Holdings (HKSE:00254) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)


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What is National United Resources 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. National United Resources Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

National United Resources Holdings's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Dec. 2023 (0.04). It may suggest that National United Resources Holdings is progressively becoming more dependent on debt to grow their business.

National United Resources Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for National United Resources 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.

National United Resources Holdings LT-Debt-to-Total-Asset Chart

National United Resources Holdings Annual Data
Trend Jun11 Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.38 0.23 0.11 0.03

National United Resources Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 0.03 0.01 - - 0.04

National United Resources Holdings LT-Debt-to-Total-Asset Calculation

National United Resources Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=10.772/327.367
=0.03

National United Resources 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 )
=18.447/533.43
=0.03

* 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.

National United Resources Holdings  (HKSE:00254) 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.

National United Resources Holdings LT-Debt-to-Total-Asset Related Terms

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National United Resources Holdings (HKSE:00254) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » National United Resources Holdings Ltd (HKSE:00254) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:00936 HKSE:01496 HKSE:01581 HKSE:08425 HKSE:08612 URI LSE:AHT AER UHAL BSP:RENT3 FTAI WSC TSX:EFN XPAR:ALD AL R HKSE:02588 GATX TSE:8439 HRI
Traded in Other Exchanges
N/A
Address
213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
Website
http://www.nur.com.hk
National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.
Executives
Ji Kaiping 2201 Interest of corporation controlled by you
Thousand Joy Limited 2101 Beneficial owner
Guo Peiyuan 2201 Interest of corporation controlled by you
Hontin Ocean Resources Limited 2101 Beneficial owner
Tian Xin 2101 Beneficial owner
Hot Mediatech Group Pte. Ltd. 2101 Beneficial owner
Li Jiayi 2201 Interest of corporation controlled by you

National United Resources Holdings (HKSE:00254) Headlines

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