Fuling Global (Fuling Global) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2019)

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What is Fuling Global 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. Fuling Global's long-term debt to total assests ratio for the quarter that ended in Dec. 2019 was 0.13.

Fuling Global's long-term debt to total assets ratio increased from Dec. 2018 (0.08) to Dec. 2019 (0.13). It may suggest that Fuling Global is progressively becoming more dependent on debt to grow their business.

Fuling Global LT-Debt-to-Total-Asset Historical Data

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

Fuling Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.01

0.03

0.08

0.13

Fuling Global Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.03	0.03	0.08	0.10	0.13

Fuling Global LT-Debt-to-Total-Asset Calculation

Fuling Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	17.723	/	134.327
	=	0.13

Fuling Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (Q: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2019 )	/	Total Assets (Q: Dec. 2019 )
	=	17.723	/	134.327
	=	0.13

Fuling Global (NAS:FORK) 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.

Fuling Global LT-Debt-to-Total-Asset Related Terms

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Fuling Global (Fuling Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fuling Global Inc (NAS:FORK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Jintang South Avenue, East New District, Zhejiang Province, Wenling, CHN, 317509

Website

http://www.fulingplastics.com

Fuling Global Inc is engaged in producing environmental-friendly plastic tableware. The company product categories include cutlery; portion cup; container; cups; plate and bowl and others. It generates maximum revenue from Cutlery products followed by Cups and plates. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe; Canada; China and other countries.