CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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What is CIFI Holdings (Group) Co 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. CIFI Holdings (Group) Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

CIFI Holdings (Group) Co's long-term debt to total assets ratio declined from Dec. 2022 (0.09) to Dec. 2023 (0.08). It may suggest that CIFI Holdings (Group) Co is progressively becoming less dependent on debt to grow their business.

CIFI Holdings (Group) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for CIFI Holdings (Group) Co'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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CIFI Holdings (Group) Co LT-Debt-to-Total-Asset Chart

CIFI Holdings (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.23

0.22

0.09

0.08

CIFI Holdings (Group) Co 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															0.22	0.23	0.09	0.08	0.08

CIFI Holdings (Group) Co LT-Debt-to-Total-Asset Calculation

CIFI Holdings (Group) Co'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 )
	=	3239.507	/	42167.011
	=	0.08

CIFI Holdings (Group) Co'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 )
	=	3239.507	/	42167.011
	=	0.08

CIFI Holdings (Group) Co (GREY:CFFHF) 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.

CIFI Holdings (Group) Co LT-Debt-to-Total-Asset Related Terms

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CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CIFI Holdings (Group) Co Ltd (GREY:CFFHF) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00884:Hong Kong 6CI:Germany

Address

Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106

Website

https://www.cifi.com.cn

CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Headlines

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