Hunan TV & Broadcast Intermediary Co (SZSE:000917) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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What is Hunan TV & Broadcast Intermediary Co 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. Hunan TV & Broadcast Intermediary Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Hunan TV & Broadcast Intermediary Co's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.14). It may suggest that Hunan TV & Broadcast Intermediary Co is progressively becoming more dependent on debt to grow their business.

Hunan TV & Broadcast Intermediary Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hunan TV & Broadcast Intermediary Co'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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Hunan TV & Broadcast Intermediary Co LT-Debt-to-Total-Asset Chart

Hunan TV & Broadcast Intermediary Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.17

0.08

0.12

Hunan TV & Broadcast Intermediary Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.08	0.12	0.12	0.14

Hunan TV & Broadcast Intermediary Co LT-Debt-to-Total-Asset Calculation

Hunan TV & Broadcast Intermediary Co'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 )
	=	1992.173	/	17195.428
	=	0.12

Hunan TV & Broadcast Intermediary Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2379.242	/	17152.143
	=	0.14

Hunan TV & Broadcast Intermediary Co (SZSE:000917) 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.

Hunan TV & Broadcast Intermediary Co LT-Debt-to-Total-Asset Related Terms

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Hunan TV & Broadcast Intermediary Co (SZSE:000917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hunan TV & Broadcast Intermediary Co Ltd (SZSE:000917) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Golden Eagle Film and Television Cultural Center, Liuyanghe Bridge, East Lake, Changsha, Hunan, CHN, 410003

Website

http://www.tik.com.cn

Hunan TV & Broadcast Intermediary Co Ltd operates in the advertising industry.

Executives

Tang Zhen Yu	Secretary Dong
Lu Xiao Ya	Executives
Liu Sha Bai	Executives
Yin Zhi Ke	Directors, executives
Wang Yan Zhong	Executives
Yuan Chu Xian	Directors, executives
Mao Xiao Ping	Directors, executives
Ceng Jie Zhong	Directors, executives
Long Qiu Yun	Director
Peng Yi	Directors, executives
Xiong Yun Kai	Supervisors
Liao Chao Hui	Directors, executives
Yu Guo Ming	Director
Hu Zhi Bin	Director
Zhou Jing Dong	Directors, executives

Hunan TV & Broadcast Intermediary Co (SZSE:000917) Headlines

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