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Eternity Healthcare (Eternity Healthcare) LT-Debt-to-Total-Asset : 0.17 (As of Jul. 2018)


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What is Eternity Healthcare 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. Eternity Healthcare's long-term debt to total assests ratio for the quarter that ended in Jul. 2018 was 0.17.

Eternity Healthcare's long-term debt to total assets ratio increased from Jul. 2017 (0.00) to Jul. 2018 (0.17). It may suggest that Eternity Healthcare is progressively becoming more dependent on debt to grow their business.


Eternity Healthcare LT-Debt-to-Total-Asset Historical Data

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

Eternity Healthcare Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.25

Eternity Healthcare Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.25 0.17

Eternity Healthcare LT-Debt-to-Total-Asset Calculation

Eternity Healthcare's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2018 is calculated as

LT Debt to Total Assets (A: Apr. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Apr. 2018 )/Total Assets (A: Apr. 2018 )
=0.49/1.959
=

Eternity Healthcare's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2018 is calculated as

LT Debt to Total Assets (Q: Jul. 2018 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2018 )/Total Assets (Q: Jul. 2018 )
=0.455/2.72
=

* 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.


Eternity Healthcare  (GREY:ETAH) 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.


Eternity Healthcare LT-Debt-to-Total-Asset Related Terms

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Eternity Healthcare (Eternity Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
18 Carnarvon Road, Flat/Room 1006 - 10th Floor, Hang Seng Tsim Sha Tsui Building, Tsim Sha TsuiI, Kowloon, Hong Kong, HKG
Eternity Healthcare Inc is a medical device company operating in the us. It focuses on manufacturing a needle-free injection system. The company emphasizes needle-free injection device technology for application in Diabetes, Pediatric Oncology, Multiple sclerosis, Multiple sclerosis, Anesthetics, Vaccine, Cardiovascular, and Migraine. The company adult stem cell storage is all located in North China, East China, and South China. The company targets market includes Guizhou, Yunan, Guangxi, Xinjiang, and Tibet.