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Wisdom Education International Holdings Co (FRA:5Q4) LT-Debt-to-Total-Asset : 0.00 (As of Feb. 2024)


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What is Wisdom Education International Holdings Co 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. Wisdom Education International Holdings Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.00.

Wisdom Education International Holdings Co's long-term debt to total assets ratio declined from Feb. 2023 (0.19) to Feb. 2024 (0.00). It may suggest that Wisdom Education International Holdings Co is progressively becoming less dependent on debt to grow their business.

Wisdom Education International Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wisdom Education International Holdings Co'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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Wisdom Education International Holdings Co LT-Debt-to-Total-Asset Chart

Wisdom Education International Holdings Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 - 0.17 0.18 -

Wisdom Education International Holdings Co Semi-Annual Data
Aug14 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.17 0.19 0.18 - -

Wisdom Education International Holdings Co LT-Debt-to-Total-Asset Calculation

Wisdom Education International Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )/Total Assets (A: Aug. 2023 )
=32.351/182.112
=0.18

Wisdom Education International Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=0.01/178.468
=0.00

* 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.

Wisdom Education International Holdings Co  (FRA:5Q4) 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.

Wisdom Education International Holdings Co LT-Debt-to-Total-Asset Related Terms

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Wisdom Education International Holdings Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wisdom Education International Holdings Co Ltd (FRA:5Q4) » Definitions » LT-Debt-to-Total-Asset
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HKSE:01449 HKSE:02371 HKSE:01598 HKSE:01565 HKSE:01775 HKSE:01752 HKSE:01871 HKSE:08363 HKSE:01758 HKSE:08206 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
06068:Hong Kong
Address
No. 68 Guangming Da Dao, Dongcheng District, Dongguan, CHN
Website
http://www.wisdomeducationintl.com
Wisdom Education International Holdings Co Ltd is a private education group operating premium primary and secondary schools in China. Its service line includes School-related supply chain business and comprehensive educational services out of which it generates the majority of its revenue from the School-related supply chain business. Geographically it generates key revenue from the Mainland, PRC.

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