EVKG (Ever-Glory International Group) LT-Debt-to-Total-Asset: 0.03 (As of Sep. 2022)

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EVKG Ever-Glory International Group Inc EVKG
16 GF Score
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What is Ever-Glory International Group LT-Debt-to-Total-Asset?

Ever-Glory International Group EVKG 16 LT-Debt-to-Total-Asset is 0.03 as of Sep. 2022. GuruFocus rates EVKG with a GF Score™ of 16/100.

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. Ever-Glory International Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.03.

Ever-Glory International Group's long-term debt to total assets ratio stayed the same from Sep. 2021 (0.03) to Sep. 2022 (0.03).

Ever-Glory International Group  (OTCPK:EVKG) 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.

Ever-Glory International Group LT-Debt-to-Total-Asset Related Terms

Ever-Glory International Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Ever-Glory International Group'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.

Ever-Glory International Group LT-Debt-to-Total-Asset Chart

Ever-Glory International Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.03 0.03 0.03

Ever-Glory International Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.03 0.03 0.03 0.03 0.03
EVKG
16GF Score
Ever-Glory International Group Inc EVKG
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ever-Glory International Group LT-Debt-to-Total-Asset Calculation

Ever-Glory International Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=8.596/349.305
=0.02

Ever-Glory International Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )/Total Assets (Q: Sep. 2022 )
=7.538/298.556
=0.03

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Ever-Glory International Group (EVKG) has a LT-Debt-to-Total-Asset of 0.03 as of Sep. 2022. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ever-Glory International Group and its competitors.
Is Ever-Glory International Group's LT-Debt-to-Total-Asset too high?
Ever-Glory International Group's current LT-Debt-to-Total-Asset is 0.03. Overall, Ever-Glory International Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Ever-Glory International Group's LT-Debt-to-Total-Asset compare to SSNT and PCYG?
Ever-Glory International Group's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Manufacturing - Apparel & Accessories company?
A good LT-Debt-to-Total-Asset depends on the Manufacturing - Apparel & Accessories industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ever-Glory International Group and its competitors. Ever-Glory International Group's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ever-Glory International Group stock overvalued right now?
Ever-Glory International Group (EVKG) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Ever-Glory International Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ever-Glory International Group (EVKG), the current LT-Debt-to-Total-Asset is 0.03 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ever-Glory International Group Business Description

Address Ever-Glory Commercial Center, 509 Chengxin Road, Jiangning Development Zone, Jiangsu Province, Nanjing, CHN, 211102
Ever-Glory International Group Inc retails branded fashion apparel and operates as an apparel supply chain solution provider. The company offers apparel to a woman under its various brands such as La go go, Velwin, Sea To Sky, and Idole with over 936 retail locations in China. The firm also offers apparel supply chain solutions aiming at middle-to-high end casual wear, outerwear, and sportswear brands. It manufactures apparel products in the People's Republic of China (PRC). It derives majority of its revenues from its business in Mainland China and has operations spread across HK China, UK, Europe, United States and Japan.
16GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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