CHOW TAI SENG Jewellery Co (SZSE:002867) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is CHOW TAI SENG Jewellery 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. CHOW TAI SENG Jewellery Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

CHOW TAI SENG Jewellery Co's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that CHOW TAI SENG Jewellery Co is progressively becoming less dependent on debt to grow their business.

CHOW TAI SENG Jewellery Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for CHOW TAI SENG Jewellery 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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CHOW TAI SENG Jewellery Co LT-Debt-to-Total-Asset Chart

CHOW TAI SENG Jewellery Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

CHOW TAI SENG Jewellery 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															0.01	0.01	0.01	0.01	0.01

CHOW TAI SENG Jewellery Co LT-Debt-to-Total-Asset Calculation

CHOW TAI SENG Jewellery 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 )
	=	50.083	/	8012.438
	=	0.01

CHOW TAI SENG Jewellery 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 )
	=	46.796	/	9109.31
	=	0.01

CHOW TAI SENG Jewellery Co (SZSE:002867) 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.

CHOW TAI SENG Jewellery Co LT-Debt-to-Total-Asset Related Terms

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CHOW TAI SENG Jewellery Co (SZSE:002867) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » CHOW TAI SENG Jewellery Co Ltd (SZSE:002867) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Wenjin North Road, 3rd Floor, Podium Building, Tianbei Garden, Luohu District, Shenzhen, CHN

Website

http://www.chowtaiseng.com

CHOW TAI SENG Jewellery Co Ltd is engaged in designing, wholesale, and retail of jewelry. It offers a necklace, pendants, and other jewelry products. Geographically, the group operates through China.

Executives

Zhou Fei Ming	Directors, executives
Zhou Zong Wen	Directors, executives
Guan Pei Wei	Director
Xia Hong Chuan	Director
Xu Jin Zhuo	Executives
Zhou Hua Zhen	Directors, executives
Zhou Xiao Da	Securities Affairs Representative

CHOW TAI SENG Jewellery Co (SZSE:002867) Headlines

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