China State Construction International Holdings (China State Construction International Holdings) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)

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What is China State Construction International Holdings 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. China State Construction International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

China State Construction International Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.25) to Dec. 2023 (0.23). It may suggest that China State Construction International Holdings is progressively becoming less dependent on debt to grow their business.

China State Construction International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for China State Construction International Holdings'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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China State Construction International Holdings LT-Debt-to-Total-Asset Chart

China State Construction International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.24

0.25

0.27

0.25

0.23

China State Construction International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.26	0.25	0.24	0.23

China State Construction International Holdings LT-Debt-to-Total-Asset Calculation

China State Construction International Holdings'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 )
	=	7482.369	/	31918.191
	=	0.23

China State Construction International Holdings'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 )
	=	7482.369	/	31918.191
	=	0.23

China State Construction International Holdings (OTCPK:CCOHF) 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.

China State Construction International Holdings LT-Debt-to-Total-Asset Related Terms

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China State Construction International Holdings (China State Construction International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China State Construction International Holdings Ltd (OTCPK:CCOHF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

03311:Hong Kong C4S1:Germany C4S1:Germany

Address

139 Hennessy Road, 28th Floor, China Overseas Building, Wanchai, HKG

Website

https://www.csci.com.hk

China State Construction International Holdings Ltd is engaged in the construction business. The company's activities include construction, project consultancy services, thermoelectricity business, infrastructure project investments, toll road operation, and facade contracting business. The company reports in the following segments Mainland China, Hong Kong, Macau and CSC Development Group. It derives a majority of its revenue from Mainland China.

China State Construction International Holdings (China State Construction International Holdings) Headlines

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