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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Long-Term Debt & Capital Lease Obligation : HK$1.50 Mil (As of Mar. 2024)


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What is Allied Sustainability And Environmental Consultants Group Long-Term Debt & Capital Lease Obligation?

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Allied Sustainability And Environmental Consultants Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$1.50 Mil.

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. It is calculated as a company's Long-Term Debt & Capital Lease Obligation divides by its Total Assets. Allied Sustainability And Environmental Consultants Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$1.50 Mil. Allied Sustainability And Environmental Consultants Group's Total Assets for the quarter that ended in Mar. 2024 was HK$98.12 Mil. Allied Sustainability And Environmental Consultants Group's LT-Debt-to-Total-Asset for the quarter that ended in Mar. 2024 was 0.02.

Allied Sustainability And Environmental Consultants Group's LT-Debt-to-Total-Asset increased from Dec. 2022 (0.00) to Mar. 2024 (0.02). It may suggest that Allied Sustainability And Environmental Consultants Group is progressively becoming more dependent on debt to grow their business.


Allied Sustainability And Environmental Consultants Group Long-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants Group's Long-Term Debt & Capital Lease Obligation 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.

Allied Sustainability And Environmental Consultants Group Long-Term Debt & Capital Lease Obligation Chart

Allied Sustainability And Environmental Consultants Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.74 1.35 0.22 3.84 1.50

Allied Sustainability And Environmental Consultants Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
Long-Term Debt & Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.84 - 3.09 1.50 0.40

Allied Sustainability And Environmental Consultants Group Long-Term Debt & Capital Lease Obligation Calculation

Long-Term Debt is the debt due more than 12 months in the future. The debt can be owed to banks or bondholders. Some companies issue bonds to investors and pay interest on the bonds.

Long-Term Capital Lease Obligation represents the total liability for long-term leases lasting over one year. It's amount equal to the present value (the principal) at the beginning of the lease term less lease payments during the lease term.

The interest paid on companies' debt is reflected in the income statement as interest expense. If a company has too much debt and it cannot serve the interest payment on the debt or repay the matured debt, the company risks bankruptcy. Peter Lynch famously said: A company that does not have debt cannot go bankrupt.

A company's long term debt may have different dates of maturity and interest rates, depending on the terms.

Usually a company issues long term debt to pay for its capital expenditures. Borrowing allows the company to do things that otherwise cannot be done with only the capital it has. But debt can be risky.


Allied Sustainability And Environmental Consultants Group  (HKSE:08320) Long-Term Debt & Capital Lease Obligation 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.

Allied Sustainability And Environmental Consultants Group's LT-Debt-to-Total-Asset ratio for the quarter that ended in Mar. 2024 is calculated as:

LT-Debt-to-Total-Asset (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1.495/98.12
=

* 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.

Buffett says that durable competitive advantages carry little to no long-term debt because the company is so profitable that even expansions or acquisitions are self financed.

We are interested in long term debt load for the last ten years. If the ten years of operation show little to no long term debt, then the company has some kind of strong competitive advantage.

Warren Buffett's historic purchases indicate that on any given year, the company should have sufficient yearly net earnings to pay all long term within 3 or 4 year earnings period. (e.g. Coke + Moody's = 1yr)

Companies with enough earning power to pay long term debt in less than 3 or 4 years is a good candidate in our search for long term competitive advantage.

BUT, these companies are targets for leveraged buy outs, which saddles the business with long term debt.

If all else indicates the company has a moat, but it has ton of debt, a leveraged buyout may have created the debt. In these cases the company's bonds offer the better bet, in that the company’s earnings power is focused on paying off the debt and not growth.

Important: little or no long term debt often means a Good Long Term Bet


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Allied Sustainability And Environmental Consultants Group Business Description

Traded in Other Exchanges
N/A
Address
160 Gloucester Road, 27th Floor, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong but has a presence in Macau and the PRC.
Executives
Kwok May Han Grace 2101 Beneficial owner
Wu Dennis Pak Kit 2202 Interest of your spouse
Choy Wei Ling 2101 Beneficial owner
Gold Investments Limited
City Beat Limited 2101 Beneficial owner
Ocean Equity Partners Fund Ii Gp Limited 2201 Interest of corporation controlled by you
Ocean Equity Partners Fund Ii L.p. 2201 Interest of corporation controlled by you

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