Health and Happiness (H&H) International Holdings (FRA:8BI) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2023)

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What is Health and Happiness (H&H) International 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. Health and Happiness (H&H) International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.22.

Health and Happiness (H&H) International Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.41) to Dec. 2023 (0.22). It may suggest that Health and Happiness (H&H) International Holdings is progressively becoming less dependent on debt to grow their business.

Health and Happiness (H&H) International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Health and Happiness (H&H) International 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.

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Health and Happiness (H&H) International Holdings LT-Debt-to-Total-Asset Chart

Health and Happiness (H&H) International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.38

0.36

0.31

0.41

0.22

Health and Happiness (H&H) International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.45	0.41	0.41	0.22

Health and Happiness (H&H) International Holdings LT-Debt-to-Total-Asset Calculation

Health and Happiness (H&H) International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	573.172	/	2573.946
	=	0.22

Health and Happiness (H&H) International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	573.172	/	2573.946
	=	0.22

Health and Happiness (H&H) International Holdings (FRA:8BI) 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.

Health and Happiness (H&H) International Holdings LT-Debt-to-Total-Asset Related Terms

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Health and Happiness (H&H) International Holdings (FRA:8BI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Health and Happiness (H&H) International Holdings Ltd (FRA:8BI) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

01112:Hong Kong

Address

18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.hh.global

Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (FRA:8BI) Headlines

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