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Ocean Line Port Development (HKSE:08502) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


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What is Ocean Line Port Development 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. Ocean Line Port Development's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Ocean Line Port Development's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Ocean Line Port Development is progressively becoming more dependent on debt to grow their business.


Ocean Line Port Development LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ocean Line Port Development'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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Ocean Line Port Development LT-Debt-to-Total-Asset Chart

Ocean Line Port Development Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.06 - - - -

Ocean Line Port Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Ocean Line Port Development LT-Debt-to-Total-Asset Calculation

Ocean Line Port Development'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 )
=1.194/910.354
=0.00

Ocean Line Port Development'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 )
=1.194/910.354
=0.00

* 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.


Ocean Line Port Development  (HKSE:08502) 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.


Ocean Line Port Development LT-Debt-to-Total-Asset Related Terms

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Ocean Line Port Development (HKSE:08502) Business Description

Traded in Other Exchanges
N/A
Address
No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN
Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.
Executives
Vital Force Developments Limited 2101 Beneficial owner
Cheung Wai Fung 2101 Beneficial owner
Kwai Sze Hoi 2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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