China Specialty Glass AG (FRA:8GS) LT-Debt-to-Total-Asset: 0.16 (As of Jun. 2014)


What is China Specialty Glass AG LT-Debt-to-Total-Asset?

China Specialty Glass AG FRA:8GS LT-Debt-to-Total-Asset is 0.16 as of Jun. 2014.

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. China Specialty Glass AG's long-term debt to total assests ratio for the quarter that ended in Jun. 2014 was 0.16.

China Specialty Glass AG's long-term debt to total assets ratio declined from Jun. 2013 (0.21) to Jun. 2014 (0.16). It may suggest that China Specialty Glass AG is progressively becoming less dependent on debt to grow their business.

China Specialty Glass AG  (FRA:8GS) 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.

China Specialty Glass AG LT-Debt-to-Total-Asset Related Terms

China Specialty Glass AG LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for China Specialty Glass AG'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.

China Specialty Glass AG LT-Debt-to-Total-Asset Chart

China Specialty Glass AG Annual Data
Trend Dec10 Dec11 Dec12 Dec13
LT-Debt-to-Total-Asset
0.00 0.00 0.25 0.21

China Specialty Glass AG Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.21 0.20 0.21 0.20 0.16

China Specialty Glass AG LT-Debt-to-Total-Asset Calculation

China Specialty Glass AG's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (A: Dec. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2013 )/Total Assets (A: Dec. 2013 )
=41.69/201.921
=0.21

China Specialty Glass AG's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

LT Debt to Total Assets (Q: Jun. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2014 )/Total Assets (Q: Jun. 2014 )
=34.392/211.142
=0.16

* 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 0.16 mean?
China Specialty Glass AG (FRA:8GS) has a LT-Debt-to-Total-Asset of 0.16 as of Jun. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on China Specialty Glass AG and its competitors.
Is China Specialty Glass AG's LT-Debt-to-Total-Asset too high?
China Specialty Glass AG's current LT-Debt-to-Total-Asset is 0.16.
How does China Specialty Glass AG's LT-Debt-to-Total-Asset compare to DTII and VCON?
China Specialty Glass AG's LT-Debt-to-Total-Asset of 0.16 can be compared against companies in the Business Services 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 Business Services company?
A good LT-Debt-to-Total-Asset depends on the Business Services 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 China Specialty Glass AG and its competitors. China Specialty Glass AG's current LT-Debt-to-Total-Asset is 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Specialty Glass AG stock overvalued right now?
China Specialty Glass AG (FRA:8GS) has a current LT-Debt-to-Total-Asset of 0.16. The current LT-Debt-to-Total-Asset is 0.16. 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 China Specialty Glass AG (FRA:8GS), the current LT-Debt-to-Total-Asset is 0.16 as of Jun. 2014. 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.

China Specialty Glass AG Business Description

Address An den Romerhuegeln 1, Grunwald, DEU, 82031
China Specialty Glass AG is a glass manufacturer in China. It develops, produces and sells specialty glass under its Hing Wah brand. It operates into three business segments namely automotive security glass; bank security glass and construction glass.