China International Capital (FRA:CIM) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2024)

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What is China International Capital 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. China International Capital's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.21.

China International Capital's long-term debt to total assets ratio increased from Jun. 2023 (0.13) to Jun. 2024 (0.21). It may suggest that China International Capital is progressively becoming more dependent on debt to grow their business.

China International Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for China International Capital'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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China International Capital LT-Debt-to-Total-Asset Chart

China International Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.20

0.14

0.18

China International Capital Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.18	0.25	0.21	-

China International Capital LT-Debt-to-Total-Asset Calculation

China International Capital'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 )
	=	14180.913	/	80178.306
	=	0.18

China International Capital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	15762.721	/	76718.26
	=	0.21

China International Capital (FRA:CIM) 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 International Capital LT-Debt-to-Total-Asset Related Terms

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China International Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China International Capital Corp Ltd (FRA:CIM) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

03908:Hong Kong 601995:China

Address

1 Jianguomenwai Avenue, 27th and 28th Floor, China World Office 2, Chaoyang District, Beijing, CHN, 100004

Website

https://www.cicc.com

China International Capital Corp Ltd is a capital market operations company based in China. Its business is carried through investment banking, equity sales and trading, fixed income commodities and currencies, Asset Management; Wealth management, and private equity segments., The segment Others mainly comprises of other business departments, and middle and back offices. The company derives its earnings predominantly from China and the rest from overseas. It generates maximum revenue from Wealth management segment.