GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LX Technology Group Ltd (HKSE:02436) » Definitions » Debt-to-Asset

LX Technology Group (HKSE:02436) Debt-to-Asset : 0.42 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is LX Technology Group Debt-to-Asset?

LX Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$463 Mil. LX Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$314 Mil. LX Technology Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$1,839 Mil. LX Technology Group's debt to asset for the quarter that ended in Dec. 2023 was 0.42.

LX Technology Group Debt-to-Asset Historical Data

The historical data trend for LX Technology Group's Debt-to-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.

* Premium members only.

LX Technology Group Debt-to-Asset Chart

LX Technology Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.33 0.35 0.48 0.36 0.42

LX Technology Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial 0.48 0.51 0.36 0.39 0.42

Competitive Comparison of LX Technology Group's Debt-to-Asset

For the Computer Hardware subindustry, LX Technology Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LX Technology Group's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LX Technology Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where LX Technology Group's Debt-to-Asset falls into.


LX Technology Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LX Technology Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(463.19 + 313.715) / 1838.747
=0.42

LX Technology Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(463.19 + 313.715) / 1838.747
=0.42

* 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.

LX Technology Group  (HKSE:02436) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

LX Technology Group Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of LX Technology Group's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

LX Technology Group (HKSE:02436) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LX Technology Group Ltd (HKSE:02436) » Definitions » Debt-to-Asset
Comparable Companies
HKSE:03336 HKSE:01263 HKSE:06939 HKSE:03638 HKSE:02028 HKSE:01079 ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992 WDC SMCI XSWX:LOGN PSTG
Traded in Other Exchanges
N/A
Address
10 Kaifeng Road, Meilin Street, 501, 5th Floor Cuilin Building, International financial technology city, Maling District, Futian District, Shenzhen, CHN
Website
https://www.bearrental.com
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.
Executives
Lx Brothers Technology Limited 2101 Beneficial owner
Zhong Xiao Qi Ye Fa Zhan Ji Jin Shen Zhen Nan Shan You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Fu Hai Zhong Xiao Qi Ye Fa Zhan Ji Jin Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Yu Jun Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Shang Hai Tong Yun Xin Xi Ji Shu He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shen Zhen Shi Da Chen Cai Zhi Chuang Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hu Nan Dian Guang Chuan Mei Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Shi Dong Fang Fu Hai Tou Zi Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Ubs Trustees (b.v.i.) Limited 2301 Trustee
Chen Wei 2201 Interest of corporation controlled by you
Hu Zuoxiong 2201 Interest of corporation controlled by you
Beauty Bear Technology Limited 2101 Beneficial owner
Tigris Innovation Limited 2101 Beneficial owner
Max Smart Limited 2201 Interest of corporation controlled by you
Liu Qiangdong Richard 2305 Beneficiary of a trust

LX Technology Group (HKSE:02436) Headlines

No Headlines