Yadea Group Holdings (HKSE:01585) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is Yadea 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. Yadea Group Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Yadea Group Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.02) to Dec. 2023 (0.03). It may suggest that Yadea Group Holdings is progressively becoming more dependent on debt to grow their business.

Yadea Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yadea 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.

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Yadea Group Holdings LT-Debt-to-Total-Asset Chart

Yadea Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.03

0.02

0.03

Yadea Group Holdings Semi-Annual Data
	Dec13	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															0.03	-	0.02	0.01	0.03

Yadea Group Holdings LT-Debt-to-Total-Asset Calculation

Yadea Group 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 )
	=	727.367	/	28066.473
	=	0.03

Yadea Group 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 )
	=	727.367	/	28066.473
	=	0.03

Yadea Group Holdings (HKSE:01585) 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.

Yadea Group Holdings LT-Debt-to-Total-Asset Related Terms

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Yadea Group Holdings (HKSE:01585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yadea Group Holdings Ltd (HKSE:01585) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, CHN

Website

https://www.yadea.com.cn

Yadea Group Holdings Ltd is an investment holding company. The company and its subsidiaries manufacture and sell electric, two-wheeled vehicles in the People's Republic of China. It is focused on designing, researching, developing, manufacturing and selling electric scooters, electric bicycles, batteries and chargers, and related accessories. The electric two-wheeled vehicles and related accessories segment is mainly engaged in the development, manufacture and sales of electric two-wheeled vehicles and related accessories and the batteries segment is mainly engaged in the production and sales of batteries of the newly acquired Huayu.

Executives

Dai Wei Investment Company Limited	2401 A concert party to an agreement to buy shares
Fang Yuan Investment Company Limited	2101 Beneficial owner
Dong Jinggui	2401 A concert party to an agreement to buy shares
Qian Jinghong	2201 Interest of corporation controlled by you

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