Hitek Global (FRA:4JX) Debt-to-Asset : 0.07 (As of Dec. 2023)

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

What is Hitek Global Debt-to-Asset?

Hitek Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.46 Mil. Hitek Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.94 Mil. Hitek Global's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €32.49 Mil. Hitek Global's debt to asset for the quarter that ended in Dec. 2023 was 0.07.

Hitek Global Debt-to-Asset Historical Data

The historical data trend for Hitek 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.

Hitek Global Debt-to-Asset Chart

Hitek Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.13

0.07

Hitek Global Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial							-	0.15	0.13	0.08	0.07

Competitive Comparison of Hitek Global's Debt-to-Asset

For the Software - Application subindustry, Hitek 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.

Hitek Global's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hitek Global's Debt-to-Asset distribution charts can be found below:

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

Hitek Global Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hitek 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
	=	(0.455	+	1.939)	/	32.487
	=	0.07

Hitek 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
	=	(0.455	+	1.939)	/	32.487
	=	0.07

Hitek Global (FRA:4JX) 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.

Hitek Global Debt-to-Asset Related Terms

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

Hitek Global (FRA:4JX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (FRA:4JX) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

HKIT:USA 4JX:Germany

Address

No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN

Website

http://www.xmhitek.com

Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.

Hitek Global (FRA:4JX) Headlines

No Headlines