Wing Tai Properties (FRA:USH) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Wing Tai Properties 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. Wing Tai Properties's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Wing Tai Properties's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.12) to Dec. 2023 (0.12).

Wing Tai Properties LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wing Tai Properties'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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Wing Tai Properties LT-Debt-to-Total-Asset Chart

Wing Tai Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.10

0.09

0.12

Wing Tai Properties Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.12	0.14	0.12

Wing Tai Properties LT-Debt-to-Total-Asset Calculation

Wing Tai Properties'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 )
	=	469.702	/	3990.766
	=	0.12

Wing Tai Properties's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	469.702	/	3990.766
	=	0.12

Wing Tai Properties (FRA:USH) 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.

Wing Tai Properties LT-Debt-to-Total-Asset Related Terms

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Wing Tai Properties (FRA:USH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wing Tai Properties Ltd (FRA:USH) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

00369:Hong Kong

Address

Landmark East, 100 How Ming Street, 27th Floor, AIA Kowloon Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.wingtaiproperties.com

Wing Tai Properties Ltd is an investment holding company. The business activity of the group is operated through Property Development, Property Investment & Management, Hospitality Investment & Management, and Other segments. Its investment property portfolio is mainly comprised of commercial, industrial, residential units and serviced apartments, and others. The company's geographical segments are Hong Kong, the United Kingdom, the People's Republic of China, Singapore, and others, of which the majority of its revenue comes from Hong Kong.

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