Kingsoft Cloud Holdings (BSP:K2CG34) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Kingsoft Cloud Holdings 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. Kingsoft Cloud Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Kingsoft Cloud Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.01). It may suggest that Kingsoft Cloud Holdings is progressively becoming less dependent on debt to grow their business.

Kingsoft Cloud Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kingsoft Cloud Holdings'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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Kingsoft Cloud Holdings LT-Debt-to-Total-Asset Chart

Kingsoft Cloud Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

0.01

0.02

0.01

Kingsoft Cloud Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

Kingsoft Cloud Holdings LT-Debt-to-Total-Asset Calculation

Kingsoft Cloud Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	122.387	/	10341.636
	=	0.01

Kingsoft Cloud Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	122.387	/	10341.636
	=	0.01

Kingsoft Cloud Holdings (BSP:K2CG34) 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.

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Kingsoft Cloud Holdings (BSP:K2CG34) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Kingsoft Cloud Holdings Ltd (BSP:K2CG34) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

KC:USA 03896:Hong Kong KS7:Germany

Address

No. 33 Xierqi Middle Road, Building D, Xiaomi Science and Technology Park, Haidian District, Beijing, CHN, 100085

Website

https://www.ksyun.com

Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.

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