China Everbright (China Everbright) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2023)

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

What is China Everbright 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 Everbright's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.41.

China Everbright's long-term debt to total assets ratio increased from Dec. 2022 (0.39) to Dec. 2023 (0.41). It may suggest that China Everbright is progressively becoming more dependent on debt to grow their business.

China Everbright LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Everbright'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.

China Everbright LT-Debt-to-Total-Asset Chart

China Everbright Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.33

0.34

0.39

0.41

China Everbright 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															0.34	0.38	0.39	0.41	0.41

China Everbright LT-Debt-to-Total-Asset Calculation

China Everbright'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 )
	=	4151.319	/	10190.776
	=	0.41

China Everbright'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 )
	=	4151.319	/	10190.776
	=	0.41

China Everbright (OTCPK:CEVIF) 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 Everbright LT-Debt-to-Total-Asset Related Terms

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

China Everbright (China Everbright) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Everbright Ltd (OTCPK:CEVIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CEVIY:USA 00165:Hong Kong EVI:Germany

Address

16 Harcourt Road, 46th Floor, Far East Finance Centre, Hong Kong, HKG

Website

https://www.everbright.com

China Everbright Ltd is an investment management firm based predominantly in Hong Kong. The company's core activity includes investing in long-term investment vehicles to secure capital appreciation for its investors. Its investment portfolio is comprised of unlisted equity securities, equity derivatives, start-up, and development-stage companies, and long-term equity. The company's operating segments include Fund Management Business and Principal Investments Business. Geographically, It generates maximum revenue from Mainland China.

China Everbright (China Everbright) Headlines

From GuruFocus

China Everbright Limited Announces 2023 Interim Results, Realises Turnaround of Loss to Profit

By ACN Newswire • 08-27-2023

Investcorp launches its debut investment in China in partnership with China Everbright Limited

By PRNewswire PRNewswire • 09-18-2018

Baron Funds Comments on China Everbright Limited

By Holly LaFon Holly LaFon • 06-22-2017

2018 Everbright Investment Conference Successfully Held in Hangzhou

By PRNewswire PRNewswire • 10-24-2018

China Everbright Limited Announces 2022 Annual Results

By ACN Newswire ACN Newswire • 03-17-2023

China Everbright Limited Announces 2022 Annual Results

By sperokesalga sperokesalga • 03-17-2023

China Everbright Ltd (CEVIF): A Deep Dive into its Dividend Performance

By GuruFocus Research • 09-15-2023