Ambow Education Holding (Ambow Education Holding) LT-Debt-to-Total-Asset : 0.17 (As of Jun. 2023)

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What is Ambow Education Holding 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. Ambow Education Holding's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.17.

Ambow Education Holding's long-term debt to total assets ratio declined from Jun. 2021 (0.21) to Jun. 2023 (0.17). It may suggest that Ambow Education Holding is progressively becoming less dependent on debt to grow their business.

Ambow Education Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ambow Education Holding'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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Ambow Education Holding LT-Debt-to-Total-Asset Chart

Ambow Education Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.21

0.22

0.13

0.23

Ambow Education Holding Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.13	0.22	0.23	0.17

Ambow Education Holding LT-Debt-to-Total-Asset Calculation

Ambow Education Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	5.742	/	25.509
	=	0.23

Ambow Education Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	4.9	/	28.759
	=	0.17

Ambow Education Holding (AMEX:AMBO) 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.

Ambow Education Holding LT-Debt-to-Total-Asset Related Terms

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Ambow Education Holding (Ambow Education Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ambow Education Holding Ltd (AMEX:AMBO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

19925 Stevens Creek Boulevard, Cupertino, CA, USA, 95014

Website

https://www.ambow.com

Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. It operates through CP&CE Programs. The CP&CE Programs include tutoring services and career enhancement services. Geographically all the operations function in United States and Foreign countries.