Chuanglian Holdings (Chuanglian Holdings) LT-Debt-to-Total-Asset : 0.16 (As of Jun. 2023)

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What is Chuanglian 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. Chuanglian Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.16.

Chuanglian Holdings's long-term debt to total assets ratio increased from Jun. 2022 (0.14) to Jun. 2023 (0.16). It may suggest that Chuanglian Holdings is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Chuanglian 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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Chuanglian Holdings LT-Debt-to-Total-Asset Chart

Chuanglian Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.22

0.15

0.14

0.19

Chuanglian Holdings 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															0.15	0.14	0.14	0.16	0.19

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

Chuanglian Holdings'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 )
	=	11.303	/	79.708
	=	0.14

Chuanglian Holdings'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 )
	=	12.265	/	79.36
	=	0.15

Chuanglian Holdings (OTCPK:COCGF) 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.

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

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Chuanglian Holdings (Chuanglian Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chuanglian Holdings Ltd (OTCPK:COCGF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

02371:Hong Kong

Address

6-8 Harbour Road, Rooms 2009-18, 20th floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

https://www.chinahrt.com

Chuanglian Holdings Ltd, formerly China Chuanglian Education Financial Group Ltd engages in investment holding and securities trading. The operating segments of the company are Financial Services, Educational consultancy and online training and education, and Securities trading. It generates maximum revenue from Educational consultancy and online training and education segment. The company has its business presence in China and Hong Kong where China stands as the highest revenue generator.

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