E I L Holdings (E I L Holdings) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2023)

View and export this data going back to 2050. Start your Free Trial

What is E I L 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. E I L Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.08.

E I L Holdings's long-term debt to total assets ratio increased from Jun. 2022 (0.00) to Jun. 2023 (0.08). It may suggest that E I L Holdings is progressively becoming more dependent on debt to grow their business.

E I L Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for E I L 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.

E I L Holdings LT-Debt-to-Total-Asset Chart

E I L Holdings Annual Data

Trend

Dec21

Dec22

LT-Debt-to-Total-Asset

0.04

0.07

E I L Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	0.04	-	0.07	0.08

E I L Holdings LT-Debt-to-Total-Asset Calculation

E I L 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 )
	=	3.59	/	48.693
	=	0.07

E I L 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 )
	=	4.064	/	48.264
	=	0.08

E I L Holdings (NAS:EIL) 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.

E I L Holdings LT-Debt-to-Total-Asset Related Terms

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

E I L Holdings (E I L Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » E I L Holdings Ltd (NAS:EIL) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit A, 17/F, Mai Wah Industrial Building, 1-7 Wah Sing Street, Kwai Chung, Hong Kong, HKG

Website

E I L Holdings Ltd is a company principally engaged in the supply of electronic components and sensors to our customers and have positioned themselves as a value-added electronic component, sensor and engineering solutions provider able to provide sensors and components, engineering solutions and reference design, consultation of application feasibility study and professional logistics services in bridging customers and electronic component producers in the electronics industry.

E I L Holdings (E I L Holdings) Headlines

No Headlines