Fidelity China Special Situations (LSE:FCSS) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2023)

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What is Fidelity China Special Situations 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. Fidelity China Special Situations's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.07.

Fidelity China Special Situations's long-term debt to total assets ratio increased from Sep. 2022 (0.07) to Sep. 2023 (0.07). It may suggest that Fidelity China Special Situations is progressively becoming more dependent on debt to grow their business.

Fidelity China Special Situations LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fidelity China Special Situations'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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Fidelity China Special Situations LT-Debt-to-Total-Asset Chart

Fidelity China Special Situations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.07

0.06

0.03

0.05

0.06

Fidelity China Special Situations Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.07	0.06	0.07

Fidelity China Special Situations LT-Debt-to-Total-Asset Calculation

Fidelity China Special Situations's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	80.857	/	1460.772
	=	0.06

Fidelity China Special Situations's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	81.87	/	1237.281
	=	0.07

Fidelity China Special Situations (LSE:FCSS) 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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Fidelity China Special Situations (LSE:FCSS) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fidelity China Special Situations PLC (LSE:FCSS) » Definitions » LT-Debt-to-Total-Asset

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FCSSl:UK

Address

Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, GBR, KT20 6RP

Website

https://www.fidelity.co.uk

Fidelity China Special Situations PLC is an investment company. Its investment objective is to achieve long-term capital growth from an actively managed portfolio. The company focuses on investing in securities issued by companies listed in China or Hong Kong and any other Chinese companies listed elsewhere as well as the companies which have interests in China and Hong Kong. Its portfolio consists of various financial instruments such as equities, index-linked, equity-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, equity-related securities, forward transactions, and derivative instruments. The company may use gearing such as Contracts for Difference to meet its determined investment goals.

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