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China Beststudy Education Group (HKSE:03978) Debt-to-Asset : 0.18 (As of Dec. 2023)


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What is China Beststudy Education Group Debt-to-Asset?

China Beststudy Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$56.2 Mil. China Beststudy Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$152.0 Mil. China Beststudy Education Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$1,144.5 Mil. China Beststudy Education Group's debt to asset for the quarter that ended in Dec. 2023 was 0.18.


China Beststudy Education Group Debt-to-Asset Historical Data

The historical data trend for China Beststudy Education Group'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.

China Beststudy Education Group Debt-to-Asset Chart

China Beststudy Education Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.35 0.40 0.43 0.23 0.18

China Beststudy Education Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.30 0.23 0.19 0.18

Competitive Comparison of China Beststudy Education Group's Debt-to-Asset

For the Education & Training Services subindustry, China Beststudy Education Group'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.


China Beststudy Education Group's Debt-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Beststudy Education Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Beststudy Education Group's Debt-to-Asset falls into.



China Beststudy Education Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Beststudy Education Group'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
=(56.245 + 152.028) / 1144.504
=0.18

China Beststudy Education Group'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
=(56.245 + 152.028) / 1144.504
=0.18

* 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.


China Beststudy Education Group  (HKSE:03978) 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.


China Beststudy Education Group Debt-to-Asset Related Terms

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China Beststudy Education Group (HKSE:03978) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan 4th Road, 41th Floor, Xinde Business Centre, Yuexiu District, Guangdong, Guangzhou, CHN
China Beststudy Education Group is an investment holding company. Its principal activities are engaged in providing education-related courses which include full-time revision business, talent education, self-study program, vocational education, and after-school tutoring program for high school students. It generates the majority of its revenue from the Full-time test preparation programs segment. Geographically the company operates in mainland China.

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