Beijing Enterprises Water Group (Beijing Enterprises Water Group) LT-Debt-to-Total-Asset : 0.40 (As of Jun. 2023)

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What is Beijing Enterprises Water 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. Beijing Enterprises Water Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.40.

Beijing Enterprises Water Group's long-term debt to total assets ratio increased from Jun. 2022 (0.34) to Jun. 2023 (0.40). It may suggest that Beijing Enterprises Water Group is progressively becoming more dependent on debt to grow their business.

Beijing Enterprises Water Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Enterprises Water 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.

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Beijing Enterprises Water Group LT-Debt-to-Total-Asset Chart

Beijing Enterprises Water Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.34

0.36

0.38

Beijing Enterprises Water Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.34	0.34	0.36	0.40	0.38

Beijing Enterprises Water Group LT-Debt-to-Total-Asset Calculation

Beijing Enterprises Water Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	8517.021	/	23627.008
	=	0.36

Beijing Enterprises Water Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	9376.34	/	23215.693
	=	0.40

Beijing Enterprises Water Group (OTCPK:BJWTF) 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.

Beijing Enterprises Water Group LT-Debt-to-Total-Asset Related Terms

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Beijing Enterprises Water Group (Beijing Enterprises Water Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Beijing Enterprises Water Group Ltd (OTCPK:BJWTF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

00371:Hong Kong HUN2:Germany

Address

18 Harbour Road, Rooms 6706-07, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

https://www.bewg.net

Beijing Enterprises Water Group Ltd is a provider of waste treatment services in China. The company's business segments are Sewage and reclaimed water treatment and construction services, Water distribution services, and Technical and consultancy services and sales of machineries. Majority of the revenue is derived from Sewage and reclaimed water treatment and construction services segment.

Beijing Enterprises Water Group (Beijing Enterprises Water Group) Headlines

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