Greenland Hong Kong Holdings (FRA:QFRA) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Greenland Hong Kong Holdings 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. Greenland Hong Kong Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Greenland Hong Kong Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.03) to Jun. 2024 (0.03). It may suggest that Greenland Hong Kong Holdings is progressively becoming more dependent on debt to grow their business.

Greenland Hong Kong Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Greenland Hong Kong Holdings'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.

* Premium members only.

Greenland Hong Kong Holdings LT-Debt-to-Total-Asset Chart

Greenland Hong Kong Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.07

0.04

0.06

0.05

Greenland Hong Kong Holdings 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															0.04	0.03	0.06	0.03	0.05

Greenland Hong Kong Holdings LT-Debt-to-Total-Asset Calculation

Greenland Hong Kong Holdings'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 )
	=	933.884	/	16469.125
	=	0.06

Greenland Hong Kong Holdings'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 )
	=	518.031	/	15882.656
	=	0.03

Greenland Hong Kong Holdings (FRA:QFRA) 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.

Greenland Hong Kong Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Greenland Hong Kong Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Greenland Hong Kong Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greenland Hong Kong Holdings Ltd (FRA:QFRA) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00337:Hong Kong

Address

No. 193, Xiehe Road, Changning District, Shanghai, CHN

Website

https://www.greenlandhk.com

Greenland Hong Kong Holdings Ltd is a real estate development company that operates in China and has a presence in several countries internationally. The Group has four reportable segments, Sales of properties; Lease of properties; Hotel and related services; and Property management and other services. The majority is from the Sales of properties segment which includes the development and sales of residential properties. Geographically, the Group mainly operates in the PRC.

Greenland Hong Kong Holdings Headlines

No Headlines