CNGKY (CK Asset Holdings) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is CK Asset 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. CK Asset Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

CK Asset Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.09) to Jun. 2024 (0.09). It may suggest that CK Asset Holdings is progressively becoming more dependent on debt to grow their business.

CK Asset Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for CK Asset 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.

* Premium members only.

CK Asset Holdings LT-Debt-to-Total-Asset Chart

CK Asset Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.13

0.10

0.08

0.09

CK Asset Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.08	0.09	0.09

CK Asset Holdings LT-Debt-to-Total-Asset Calculation

CK Asset 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 )
	=	5457.886	/	65159.799
	=	0.08

CK Asset Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	5965.685	/	64591.421
	=	0.09

CK Asset Holdings (OTCPK:CNGKY) 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.

CK Asset Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of CK Asset Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CK Asset Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CNGKY) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

CHKGF:USA 01113:Hong Kong 1CK:Germany

Address

2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckah.com

CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.