Fullshare Holdings (HKSE:00607) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Fullshare 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. Fullshare Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Fullshare Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.08) to Dec. 2023 (0.09). It may suggest that Fullshare Holdings is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Fullshare 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.

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

Fullshare 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

0.08

0.06

0.05

0.08

0.09

Fullshare 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															0.05	0.06	0.08	0.11	0.09

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

Fullshare 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 )
	=	5234.658	/	59621.99
	=	0.09

Fullshare 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 )
	=	5234.658	/	59621.99
	=	0.09

Fullshare Holdings (HKSE:00607) 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.

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

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

Fullshare Holdings (HKSE:00607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fullshare Holdings Ltd (HKSE:00607) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Unit 2805, Level 28, Admiralty Centre Tower 1, Admiralty, Hong Kong, HKG

Website

https://www.fullshare.com

Fullshare Holdings Ltd is an investment holding company. The company operates through the following segments: properties; tourism; healthcare, education, and others; Investment and financial services; and New energy. The company derives the majority of its revenue from the new energy segment that involves the research, development, manufacture, and distribution of mechanical transmission equipment used in wind power and a wide range of industrial applications. Its geographical segments are China, the United States, Europe, Australia, and other countries. China accounts for the majority of the company's annual revenue.

Fullshare Holdings (HKSE:00607) Headlines

No Headlines