Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Citychamp Watch & Jewellery Group 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. Citychamp Watch & Jewellery Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Citychamp Watch & Jewellery Group's long-term debt to total assets ratio declined from Dec. 2022 (0.06) to Dec. 2023 (0.04). It may suggest that Citychamp Watch & Jewellery Group is progressively becoming less dependent on debt to grow their business.

Citychamp Watch & Jewellery Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Citychamp Watch & Jewellery Group'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.

* Premium members only.

Citychamp Watch & Jewellery Group LT-Debt-to-Total-Asset Chart

Citychamp Watch & Jewellery Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.08

0.06

0.04

Citychamp Watch & Jewellery Group 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															0.06	0.07	0.06	0.06	0.04

Citychamp Watch & Jewellery Group LT-Debt-to-Total-Asset Calculation

Citychamp Watch & Jewellery Group'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 )
	=	93.508	/	2116.7
	=	0.04

Citychamp Watch & Jewellery Group'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 )
	=	93.508	/	2116.7
	=	0.04

Citychamp Watch & Jewellery Group (OTCPK:CEBTF) 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.

Citychamp Watch & Jewellery Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Citychamp Watch & Jewellery Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citychamp Watch & Jewellery Group Ltd (OTCPK:CEBTF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00256:Hong Kong

Address

1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.citychampwj.com

Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.

Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Headlines

No Headlines