Max Sight Group Holdings (HKSE:08483) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

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What is Max Sight 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. Max Sight Group Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Max Sight Group Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.21) to Dec. 2023 (0.18). It may suggest that Max Sight Group Holdings is progressively becoming less dependent on debt to grow their business.

Max Sight Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Max Sight 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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Max Sight Group Holdings LT-Debt-to-Total-Asset Chart

Max Sight Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.24

0.21

0.18

Max Sight Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	-	0.21	-	0.18

Max Sight Group Holdings LT-Debt-to-Total-Asset Calculation

Max Sight 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 )
	=	10.032	/	54.44
	=	0.18

Max Sight 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 )
	=	10.032	/	54.44
	=	0.18

Max Sight Group Holdings (HKSE:08483) 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.

Max Sight Group Holdings LT-Debt-to-Total-Asset Related Terms

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Max Sight Group Holdings (HKSE:08483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Max Sight Group Holdings Ltd (HKSE:08483) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Yee Wo Street, 14th Floor, McDonald’s Building, Causeway Bay, Hong Kong, HKG

Website

http://www.maxsightgroup.com

Max Sight Group Holdings Ltd is principally engaged in the provision of photography services by supplying automatic identity photo booths in Hong Kong and Guangdong provinces. In addition, it is also engaged in the provision of medical services by operating medical centers in Hong Kong. It operates through three segments namely, Photography services in Hong Kong, Photography services in Mainland China, and Medical services in Hong Kong. The Hong Kong region generates maximum revenue for the company.

Executives

Cheung Kam Ting
Causeway Treasure Holding Limited
Photo-me International Plc.
Au-yeung Ying Ho
Chan Tien Kay Timmy
Chan Wing Chai Jamson

Max Sight Group Holdings (HKSE:08483) Headlines

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