E Lighting Group Holdings (HKSE:08222) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2023)

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What is E Lighting 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. E Lighting Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.12.

E Lighting Group Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.10) to Sep. 2023 (0.12). It may suggest that E Lighting Group Holdings is progressively becoming more dependent on debt to grow their business.

E Lighting Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for E Lighting 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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E Lighting Group Holdings LT-Debt-to-Total-Asset Chart

E Lighting Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.09

0.16

0.12

0.15

E Lighting Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	-	0.15	-	0.12

E Lighting Group Holdings LT-Debt-to-Total-Asset Calculation

E Lighting 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 )
	=	7.528	/	49.601
	=	0.15

E Lighting 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 )
	=	5.698	/	49.521
	=	0.12

E Lighting Group Holdings (HKSE:08222) 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.

E Lighting Group Holdings LT-Debt-to-Total-Asset Related Terms

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E Lighting Group Holdings (HKSE:08222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » E Lighting Group Holdings Ltd (HKSE:08222) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Wanchai Road, 10th Floor, Tiffan Tower, Wanchai, Hong Kong, HKG

Website

http://www.elighting.asia

E Lighting Group Holdings Ltd is an investment holding company. The group is engaged in retail chain business in lighting, designer label furniture and household products, and wholesale of tableware and giftware. It is organized into two main reportable segments, the Lighting and furniture business and Tableware, giftware and other business. It operates in the following principal geographical areas - Hong Kong, and North America. The group generates most of its revenue from Hong Kong. It derives the majority of its revenue from the Lighting and furniture business segment.

Executives

Hue Kwok Chiu

2101 Beneficial owner

E Lighting Group Holdings (HKSE:08222) Headlines

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