Top KingWin (Top KingWin) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Top KingWin 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. Top KingWin's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Top KingWin's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Dec. 2023 (0.02). It may suggest that Top KingWin is progressively becoming more dependent on debt to grow their business.

Top KingWin LT-Debt-to-Total-Asset Historical Data

The historical data trend for Top KingWin'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.

Top KingWin LT-Debt-to-Total-Asset Chart

Top KingWin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.30

0.08

0.07

0.02

Top KingWin Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.09	0.07	0.02	0.02

Top KingWin LT-Debt-to-Total-Asset Calculation

Top KingWin'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 )
	=	0.162	/	10.237
	=	0.02

Top KingWin'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 )
	=	0.162	/	10.237
	=

Top KingWin (NAS:TCJH) 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.

Top KingWin LT-Debt-to-Total-Asset Related Terms

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

Top KingWin (Top KingWin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Top KingWin Ltd (NAS:TCJH) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Donghuan Street, No. 555, North Panyu Avenue, Room 1304, Building No. 25, Tian’an Headquarters Center, Panyu District, Guangdong Province, Guangzhou, CHN, 511400

Website

Top KingWin Ltd operates as a corporate business training and consulting company, providing personal and management training and financial consulting services. It provides a number of essential business services in China to young and emerging companies including corporate business training services, which mainly focus on advanced knowledge and new perspectives on the capital markets; corporate consulting services, which mainly focus on various aspects of fundraising, and advisory and transaction services. Its main clients are entrepreneurs and executives in China's small and medium enterprises (SMEs).

Top KingWin (Top KingWin) Headlines

From GuruFocus

Univest Securities, LLC Announces Closing of $11 Million Initial Public Offering of Class A Ordinary Shares for its Client Top KingWin Ltd (Nasdaq: TCJH)

By sperokesalga sperokesalga • 04-20-2023

Top KingWin Ltd Announces Pricing of Initial Public Offering

By PRNewswire PRNewswire • 04-17-2023

Top KingWin Ltd Announces Closing of $11 Million Initial Public Offering

By PRNewswire PRNewswire • 04-20-2023

Top KingWin Ltd Rings Nasdaq Closing Bell

By PRNewswire PRNewswire • 04-28-2023