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Hengan International Group Co (HKSE:01044) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2024)


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What is Hengan International Group Co 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. Hengan International Group Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.05.

Hengan International Group Co's long-term debt to total assets ratio increased from Jun. 2023 (0.01) to Jun. 2024 (0.05). It may suggest that Hengan International Group Co is progressively becoming more dependent on debt to grow their business.


Hengan International Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hengan International Group Co'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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Hengan International Group Co LT-Debt-to-Total-Asset Chart

Hengan International Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.06 0.02 0.05 0.01

Hengan International Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.01 0.01 0.05

Hengan International Group Co LT-Debt-to-Total-Asset Calculation

Hengan International Group Co'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 )
=375.58/43987.303
=0.01

Hengan International Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=2609.034/49984.019
=0.05

* 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.


Hengan International Group Co  (HKSE:01044) 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.


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Hengan International Group Co Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (58% of sales), sanitary napkins (26% of sales), disposable diapers (5% of sales), and others.
Executives
Lazard Asset Management Llc 2102 Investment manager
Hui Lin Chit 2101 Beneficial owner
Sze Man Bok 2101 Beneficial owner
An Ping Investments Limited
An Ping Holdings Limited
Tmf (cayman) Ltd. 2301 Trustee
Credit Suisse Trust Limited 2301 Trustee
Tin Lee Investments Limited 2101 Beneficial owner
Hang Seng Bank (trustee) Limited 2301 Trustee
Artisan Partners Asset Management Inc. 2201 Interest of corporation controlled by you
Artisan Partners Holdings Lp 2201 Interest of corporation controlled by you
Artisan Partners Limited Partnership 2102 Investment manager
An Ping Holdings Limited 2101 Beneficial owner
Tin Wing Holdings Limited

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