Goodbaby International Holdings (Goodbaby International Holdings) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Goodbaby International 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. Goodbaby International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Goodbaby International Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.20) to Dec. 2023 (0.02). It may suggest that Goodbaby International Holdings is progressively becoming less dependent on debt to grow their business.

Goodbaby International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Goodbaby International 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.

Goodbaby International Holdings LT-Debt-to-Total-Asset Chart

Goodbaby International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.08

0.19

0.20

0.02

Goodbaby International Holdings 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															0.19	0.20	0.20	0.19	0.02

Goodbaby International Holdings LT-Debt-to-Total-Asset Calculation

Goodbaby International 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 )
	=	30.287	/	1456.305
	=	0.02

Goodbaby International Holdings'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 )
	=	30.287	/	1456.305
	=	0.02

Goodbaby International Holdings (OTCPK:GBBYF) 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.

Goodbaby International Holdings LT-Debt-to-Total-Asset Related Terms

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

Goodbaby International Holdings (Goodbaby International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Goodbaby International Holdings Ltd (OTCPK:GBBYF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

01086:Hong Kong GBH:Germany

Address

28 East Lufeng Road, Lujia Town, Jiangsu Province, Kunshan, CHN, 215331

Website

https://www.gbinternational.com.hk

Goodbaby International Holdings Ltd is an investment holding company principally engaged in the manufacture and distribution of products for children. The company has four reportable segments namely Strollers and accessories, Car seats and accessories, Non-durable products, and Others. It derives maximum revenue from the Strollers and accessories segment. Geographically, it generates the majority of its revenue from Mainland China and also has a presence in European, North America, and Other Countries. The company's own-branded products, which contribute the majority of company revenue, include Evenflo, Cybex, and Happy Dino.

Goodbaby International Holdings (Goodbaby International Holdings) Headlines

From GuruFocus

Full Year 2022 Goodbaby International Holdings Ltd Earnings Call (Chinese, English) Transcript

By GuruFocus Research • 02-13-2024

Half Year 2021 Goodbaby International Holdings Ltd Earnings Call Transcript

By GuruFocus Research • 02-13-2024