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Hong Kong Technology Venture Co (HKSE:01137) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)


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What is Hong Kong Technology Venture Co 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. Hong Kong Technology Venture Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Hong Kong Technology Venture Co's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.09). It may suggest that Hong Kong Technology Venture Co is progressively becoming less dependent on debt to grow their business.

Hong Kong Technology Venture Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hong Kong Technology Venture Co'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.

Hong Kong Technology Venture Co LT-Debt-to-Total-Asset Chart

Hong Kong Technology Venture Co Annual Data
Trend Aug14 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 0.08 0.07 0.12 0.12 0.09

Hong Kong Technology Venture Co Semi-Annual Data
Feb14 Aug14 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 0.12 0.11 0.12 0.11 0.09

Hong Kong Technology Venture Co LT-Debt-to-Total-Asset Calculation

Hong Kong Technology Venture Co'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 )
=321.448/3461.781
=0.09

Hong Kong Technology Venture Co'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 )
=321.448/3461.781
=0.09

* 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.

Hong Kong Technology Venture Co  (HKSE:01137) 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.

Hong Kong Technology Venture Co LT-Debt-to-Total-Asset Related Terms

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Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:02420 HKSE:02101 HKSE:02209 HKSE:01020 HKSE:01039 HKSE:00620 HKSE:02148 AMZN PDD BABA HKSE:03690 MELI JD SE CPNG EBAY BOM:543320 TSE:4689 WAR:ALE TSE:4755
Traded in Other Exchanges
HKTVY:USA XHN1:Germany
Address
No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Website
https://www.hktvmall.com
Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.
Executives
Wong Wai Kay 2201 Interest of corporation controlled by you
Top Group International Ltd. 2101 Beneficial owner
Schroders Plc 2102 Investment manager
Top Group International Ltd. 2101 Beneficial owner
Cheung Chi Kin, Paul 2101 Beneficial owner

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