Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Nine Dragons Paper (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. Nine Dragons Paper (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.38.

Nine Dragons Paper (Holdings)'s long-term debt to total assets ratio increased from Dec. 2022 (0.31) to Dec. 2023 (0.38). It may suggest that Nine Dragons Paper (Holdings) is progressively becoming more dependent on debt to grow their business.

Nine Dragons Paper (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nine Dragons Paper (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.

* Premium members only.

Nine Dragons Paper (Holdings) LT-Debt-to-Total-Asset Chart

Nine Dragons Paper (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.20

0.23

0.19

0.34

0.36

Nine Dragons Paper (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															0.18	0.34	0.31	0.36	0.38

Nine Dragons Paper (Holdings) LT-Debt-to-Total-Asset Calculation

Nine Dragons Paper (Holdings)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	6032.61	/	16847.405
	=	0.36

Nine Dragons Paper (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 )
	=	6842.8	/	18054.439
	=	0.38

Nine Dragons Paper (Holdings) (OTCPK:NDGPY) 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.

Nine Dragons Paper (Holdings) LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Nine Dragons Paper (Holdings)'s LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (OTCPK:NDGPY) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

NDGPF:USA 02689:Hong Kong N3Y:Germany

Address

No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN

Website

http://www.ndpaper.com

Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines

From GuruFocus

ND Paper Attends Labelexpo Americas Conference Sept. 25 - 27

By PRNewswire PRNewswire • 09-20-2018

ND Paper LLC to Purchase Old Town, Maine Pulp Mill

By PRNewswire PRNewswire • 10-10-2018

ND PAPER TO INCREASE EFFICIENCY AT RUMFORD DIVISION WITH SUPPORT FROM GRANT FUNDING

By PRNewswire PRNewswire • 12-09-2022

ND Paper LLC Completes Acquisition of Resolute Forest Products Recycled Pulp Mill in Fairmont, West Virginia

By PRNewswire PRNewswire • 11-01-2018