MakingORG (MakingORG) LT-Debt-to-Total-Asset : 1.69 (As of Dec. 2022)

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What is MakingORG 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. MakingORG's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 1.69.

MakingORG's long-term debt to total assets ratio increased from Dec. 2021 (0.91) to Dec. 2022 (1.69). It may suggest that MakingORG is progressively becoming more dependent on debt to grow their business.

MakingORG LT-Debt-to-Total-Asset Historical Data

The historical data trend for MakingORG'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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MakingORG LT-Debt-to-Total-Asset Chart

MakingORG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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1.10

0.91

1.69

MakingORG Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.91	-	-	0.10	1.69

MakingORG LT-Debt-to-Total-Asset Calculation

MakingORG'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 )
	=	0.206	/	0.122
	=	1.69

MakingORG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	0.206	/	0.122
	=	1.69

MakingORG (OTCPK:CQCQ) 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.

MakingORG LT-Debt-to-Total-Asset Related Terms

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MakingORG (MakingORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » MakingORG Inc (OTCPK:CQCQ) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

385 S. Lemon Avenue, No. E 301, Walnut, CA, USA, 91789

Website

MakingORG Inc, along with its subsidiaries, purchases Acer truncatum Bunge seed oil from China and outsources it to third parties to manufacture Acer truncatum Bunge-related health products and sell to end-users and distributors in the United States and China. The company's products include Acer truncatum nervonic acid oil, Acer truncatum seed oil capsule, Acer truncatum edible oil, Acer truncatum oil with nervonic acid formula, Acer truncatum coffee, Acer truncatum tea, canned Acer truncatum, Acer truncatum cosmetics, Acer truncatum skincare products, hair wash products, and Acer truncatrum food. All of its revenues come from the People's Republic of China.

Executives

Juanzi Cui

director, 10 percent owner, officer: President, CEO, CFO, Secretary

11-3, LIUJIN BUILDING HUAYU PLAZA CHONGQING F4 400030

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