QuantaSing Group (FRA:MK60) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is QuantaSing 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. QuantaSing Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

QuantaSing Group's long-term debt to total assets ratio declined from Dec. 2023 (0.03) to Dec. 2024 (0.00). It may suggest that QuantaSing Group is progressively becoming less dependent on debt to grow their business.

QuantaSing Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for QuantaSing 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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QuantaSing Group LT-Debt-to-Total-Asset Chart

QuantaSing Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

0.01

0.04

0.01

QuantaSing Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.03	0.02	0.01	-	-

QuantaSing Group LT-Debt-to-Total-Asset Calculation

QuantaSing Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	2.176	/	182.609
	=	0.01

QuantaSing Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	0.32	/	195.049
	=	0.00

QuantaSing Group (FRA:MK60) 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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QuantaSing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (FRA:MK60) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

QSG:USA

Address

Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102

Website

https://www.liangzizhige.com

QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.

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