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Fortune Asia Group (ASX:FYA) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2018)


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What is Fortune Asia Group 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. Fortune Asia Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.00.

Fortune Asia Group's long-term debt to total assets ratio stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).


Fortune Asia Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fortune Asia Group'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.

Fortune Asia Group LT-Debt-to-Total-Asset Chart

Fortune Asia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
- - - - -

Fortune Asia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - - - - -

Fortune Asia Group LT-Debt-to-Total-Asset Calculation

Fortune Asia Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=0/2.158
=

Fortune Asia Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )/Total Assets (Q: Jun. 2018 )
=0/2.334
=

* 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.


Fortune Asia Group  (ASX:FYA) 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.


Fortune Asia Group LT-Debt-to-Total-Asset Related Terms

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Fortune Asia Group (ASX:FYA) Business Description

Traded in Other Exchanges
N/A
Address
377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000
Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

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