CAOHF (FDG Electric Vehicles) LT-Debt-to-Total-Asset : 0.32 (As of Sep. 2019)

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What is FDG Electric Vehicles 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. FDG Electric Vehicles's long-term debt to total assests ratio for the quarter that ended in Sep. 2019 was 0.32.

FDG Electric Vehicles's long-term debt to total assets ratio increased from Sep. 2018 (0.31) to Sep. 2019 (0.32). It may suggest that FDG Electric Vehicles is progressively becoming more dependent on debt to grow their business.

FDG Electric Vehicles LT-Debt-to-Total-Asset Historical Data

The historical data trend for FDG Electric Vehicles'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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FDG Electric Vehicles LT-Debt-to-Total-Asset Chart

FDG Electric Vehicles Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

LT-Debt-to-Total-Asset

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0.19

0.16

0.19

0.28

0.34

FDG Electric Vehicles Semi-Annual Data
	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.28	0.31	0.34	0.32

FDG Electric Vehicles LT-Debt-to-Total-Asset Calculation

FDG Electric Vehicles's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2019 is calculated as

LT Debt to Total Assets (A: Mar. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2019 )	/	Total Assets (A: Mar. 2019 )
	=	319.51	/	938.374
	=	0.34

FDG Electric Vehicles's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (Q: Sep. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2019 )	/	Total Assets (Q: Sep. 2019 )
	=	274.335	/	855.017
	=	0.32

FDG Electric Vehicles (OTCPK:CAOHF) 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.

FDG Electric Vehicles LT-Debt-to-Total-Asset Related Terms

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FDG Electric Vehicles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » FDG Electric Vehicles Ltd (OTCPK:CAOHF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.fdgev.com

FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.

FDG Electric Vehicles Headlines

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