Haitong International Securities Group (HKSE:00665) LT-Debt-to-Total-Asset : 0.50 (As of Jun. 2023)

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What is Haitong International Securities Group 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. Haitong International Securities Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.50.

Haitong International Securities Group's long-term debt to total assets ratio increased from Jun. 2022 (0.47) to Jun. 2023 (0.50). It may suggest that Haitong International Securities Group is progressively becoming more dependent on debt to grow their business.

Haitong International Securities Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haitong International Securities Group'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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Haitong International Securities Group LT-Debt-to-Total-Asset Chart

Haitong International Securities Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.39

0.37

0.38

0.43

0.53

Haitong International Securities Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.38	0.43	0.47	0.53	0.50

Haitong International Securities Group LT-Debt-to-Total-Asset Calculation

Haitong International Securities Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	47059.648	/	89097.202
	=	0.53

Haitong International Securities Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	44825.214	/	89942.131
	=	0.50

Haitong International Securities Group (HKSE:00665) 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.

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Haitong International Securities Group (HKSE:00665) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Haitong International Securities Group Ltd (HKSE:00665) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

189 Des Voeux Road Central, 22nd Floor, Li Po Chun Chambers, Hong Kong, HKG

Website

https://www.htisec.com

Haitong International Securities Group Ltd is engaged in investment holding. The company operates in five segments namely Wealth Management, Corporate finance, Asset Management, Global markets, and Investment. The majority of the company's revenue is earned through wealth management segment. The majority of the company's revenue is related to activities conducted in Hong Kong.

Haitong International Securities Group (HKSE:00665) Headlines

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