Yuk Wing Group Holdings (HKSE:01536) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Yuk Wing Group 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. Yuk Wing Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.04.

Yuk Wing Group Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.04) to Sep. 2023 (0.04). It may suggest that Yuk Wing Group Holdings is progressively becoming more dependent on debt to grow their business.

Yuk Wing Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yuk Wing Group 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.

Yuk Wing Group Holdings LT-Debt-to-Total-Asset Chart

Yuk Wing Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.05

0.04

Yuk Wing Group Holdings Semi-Annual Data
	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.05	0.05	0.04	0.04	0.04

Yuk Wing Group Holdings LT-Debt-to-Total-Asset Calculation

Yuk Wing Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	9.193	/	231.105
	=	0.04

Yuk Wing Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	7.903	/	203.942
	=	0.04

Yuk Wing Group Holdings (HKSE:01536) 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.

Yuk Wing Group Holdings LT-Debt-to-Total-Asset Related Terms

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

Yuk Wing Group Holdings (HKSE:01536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuk Wing Group Holdings Ltd (HKSE:01536) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG

Website

http://www.yukwing.com

Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.

Executives

Huang Shixin	2101 Beneficial owner
Chan Leung Choi	2101 Beneficial owner
Colour Shine Investments Limited	2101 Beneficial owner
He Xiaoming	2201 Interest of corporation controlled by you

Yuk Wing Group Holdings (HKSE:01536) Headlines

No Headlines