Continental Aerospace Technologies Holding (FRA:CTQ0) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)

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What is Continental Aerospace Technologies Holding 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. Continental Aerospace Technologies Holding's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

Continental Aerospace Technologies Holding's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.07) to Jun. 2024 (0.07).

Continental Aerospace Technologies Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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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Continental Aerospace Technologies Holding LT-Debt-to-Total-Asset Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.08

0.07

Continental Aerospace Technologies Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.08	0.07	0.07	0.07

Continental Aerospace Technologies Holding LT-Debt-to-Total-Asset Calculation

Continental Aerospace Technologies Holding'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 )
	=	33.135	/	467.208
	=	0.07

Continental Aerospace Technologies Holding'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 )
	=	33.353	/	463.391
	=	0.07

Continental Aerospace Technologies Holding (FRA:CTQ0) 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.

Continental Aerospace Technologies Holding LT-Debt-to-Total-Asset Related Terms

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Continental Aerospace Technologies Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (FRA:CTQ0) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

00232:Hong Kong

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Continental Aerospace Technologies Holding Headlines

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