Hung Hing Printing Group (FRA:HUV) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is Hung Hing Printing Group 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. Hung Hing Printing Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Hung Hing Printing Group's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.01). It may suggest that Hung Hing Printing Group is progressively becoming less dependent on debt to grow their business.

Hung Hing Printing Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hung Hing Printing Group'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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Hung Hing Printing Group LT-Debt-to-Total-Asset Chart

Hung Hing Printing Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

Hung Hing Printing Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Hung Hing Printing Group LT-Debt-to-Total-Asset Calculation

Hung Hing Printing Group'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 )
	=	2.66	/	447.5
	=	0.01

Hung Hing Printing Group'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 )
	=	2.324	/	425.926
	=	0.01

Hung Hing Printing Group (FRA:HUV) 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.

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Hung Hing Printing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hung Hing Printing Group Ltd (FRA:HUV) » Definitions » LT-Debt-to-Total-Asset

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00450:Hong Kong

Address

17-19 Dai Hei Street, Hung Hing Printing Centre, Tai Po Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hunghingprinting.com

Hung Hing Printing Group Ltd is a Hong Kong-based company. The principal activities included book and package printing, the consumer product packaging, the corrugated boxes, and the trading of paper. The company operates in various business segments which are Book and Package Printing, Consumer Product Packaging, Corrugated Box, and Paper Trading. The Book and Package Printing segment generates maximum revenue for the company. Geographically, the company offers its services to the United States of America, the PRC, the U.K., Hong Kong, and other countries, of which prime revenue is derived from Hong Kong.

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