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Able View Global (Able View Global) Debt-to-Asset : 0.09 (As of Dec. 2023)


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What is Able View Global Debt-to-Asset?

Able View Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.6 Mil. Able View Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.0 Mil. Able View Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $54.9 Mil. Able View Global's debt to asset for the quarter that ended in Dec. 2023 was 0.08.

Able View Global Debt-to-Asset Historical Data

The historical data trend for Able View Global's Debt-to-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.

Able View Global Debt-to-Asset Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.19 0.10 0.29 0.09

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial 0.10 0.29 0.29 0.21 0.09

Competitive Comparison of Able View Global's Debt-to-Asset

For the Advertising Agencies subindustry, Able View Global's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Able View Global's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Able View Global's Debt-to-Asset falls into.


Able View Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Able View Global's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.646 + 1.004) / 54.907
=0.08

Able View Global's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.646 + 1.004) / 54.907
=0.08

* 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.

Able View Global  (NAS:ABLV) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Able View Global Debt-to-Asset Related Terms

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Able View Global (Able View Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Debt-to-Asset
Comparable Companies
XNET TZOO ADTH STCN MCHX EZOO WIMI FLNT TSQ DRCT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

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