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Shenzhen International Holdings (HKSE:00152) LT-Debt-to-Total-Asset : 0.23 (As of Dec. 2023)


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What is Shenzhen 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. Shenzhen International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.23.

Shenzhen International Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.23). It may suggest that Shenzhen International Holdings is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Shenzhen 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.

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

Shenzhen 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 Premium Member Only Premium Member Only 0.28 0.15 0.23 0.19 0.23

Shenzhen 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.24 0.19 0.19 0.23

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

Shenzhen 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 )
=29308.265/130494.541
=0.22

Shenzhen 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 )
=29308.265/130494.541
=0.22

* 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.

Shenzhen International Holdings  (HKSE:00152) 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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Shenzhen International Holdings (HKSE:00152) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen International Holdings Ltd (HKSE:00152) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:00697 HKSE:01052 HKSE:00737 HKSE:01576 HKSE:01785 HKSE:01823 HKSE:08502 HKSE:06888 HKSE:02258 HKSE:08065 XMAD:FER ASX:TCL SZSE:001965 SHSE:600377 DFM:SALIK SHSE:600350 BOM:532947 ASX:ALX BSP:CCRO3 VRRM
Traded in Other Exchanges
SXYA:Germany
Address
No.1 Science Museum Road, Rooms 2206-2208, 22nd Floor, Greenfield Tower, Concordia Plaza, Tsimshatsui East, Kowloon, Hong Kong, HKG
Website
https://www.szihl.com
Shenzhen International Holdings Ltd is a Chinese investment company which constructs and operates logistic infrastructure facilities. The company operates through two main segments: Toll roads and general-environmental protection business and Logistics business. Toll roads, which contributes the vast majority of revenue, develops, operates, and manages tolls roads. The logistics business constructs, operates, and manages logistics centers and integrated logistics hubs; provides third party logistic services, logistic information services, and financial services to customers; and offers port and related services. The controlling shareholder, Shenzhen Investment Holdings Company Limited, is wholly-owned by the Chinese government.
Executives
Ubs Group Ag 2201 Interest of corporation controlled by you
Citigroup Inc. 2201 Interest of corporation controlled by you
Shen Zhen Shi Tou Zi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you

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