Far East Consortium International (FRA:FET) LT-Debt-to-Total-Asset : 0.33 (As of Mar. 2024)

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What is Far East Consortium International 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. Far East Consortium International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.33.

Far East Consortium International's long-term debt to total assets ratio increased from Mar. 2023 (0.21) to Mar. 2024 (0.33). It may suggest that Far East Consortium International is progressively becoming more dependent on debt to grow their business.

Far East Consortium International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Far East Consortium International'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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Far East Consortium International LT-Debt-to-Total-Asset Chart

Far East Consortium International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.42

0.32

0.37

0.21

0.33

Far East Consortium International Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.21	0.29	0.33	0.33

Far East Consortium International LT-Debt-to-Total-Asset Calculation

Far East Consortium International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1811.677	/	5558.02
	=	0.33

Far East Consortium International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1811.677	/	5558.02
	=	0.33

Far East Consortium International (FRA:FET) 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.

Far East Consortium International LT-Debt-to-Total-Asset Related Terms

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Far East Consortium International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Consortium International Ltd (FRA:FET) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

FRTCF:USA 00035:Hong Kong

Address

121 Des Voeux Road Central, 16th Floor, Far East Consortium Building, Hong Kong, HKG

Website

https://www.fecil.com.hk

Far East Consortium International Ltd is an investment holding company. Through its subsidiaries, the company operates in the following segments; Property development, Property investment, Hotel operations and management, Car park operations, Gaming operations, Securities and financial products, and Provision of mortgage services. It derives a majority of its revenue from the Property development segment which is engaged in developing and managing properties at various locations around the world. Geographically, the company derives maximum revenue from Australia and New Zealand and the rest from Hong Kong, Czech Republic, Malaysia, Singapore, the United Kingdom, Europe, and the People's Republic of China.