Gemini Investments (Holdings) (HKSE:00174) LT-Debt-to-Total-Asset : 0.16 (As of Jun. 2024)

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What is Gemini Investments (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. Gemini Investments (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.16.

Gemini Investments (Holdings)'s long-term debt to total assets ratio declined from Jun. 2023 (0.33) to Jun. 2024 (0.16). It may suggest that Gemini Investments (Holdings) is progressively becoming less dependent on debt to grow their business.

Gemini Investments (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gemini Investments (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.

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Gemini Investments (Holdings) LT-Debt-to-Total-Asset Chart

Gemini Investments (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.32

0.27

0.31

0.34

Gemini Investments (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.31	0.33	0.34	0.16

Gemini Investments (Holdings) LT-Debt-to-Total-Asset Calculation

Gemini Investments (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 )
	=	3593.897	/	10534.179
	=	0.34

Gemini Investments (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 )
	=	1662.526	/	10406.74
	=	0.16

Gemini Investments (Holdings) (HKSE:00174) 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.

Gemini Investments (Holdings) LT-Debt-to-Total-Asset Related Terms

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Gemini Investments (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gemini Investments (Holdings) Ltd (HKSE:00174) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Pacific Place, 88 Queensway, Suite 610, Hong Kong, HKG

Website

https://www.geminiinvestments.com.hk

Gemini Investments (Holdings) Ltd is a Hong Kong-based investment holding company. It operates through the segments of property investment and property development in the United States property investment in Hong Kong, fund investments, and securities and other investments. The company derives maximum revenue from the property investment in the United States segment that involves rental income and ancillary service income from the leasing of office property and residential condominiums which are managed by Gemini-Rosemont Realty LLC. It has a business presence in Hong Kong, the U.S., and Others.

Executives

Sino-ocean Group Holding Limited	2201 Interest of corporation controlled by you
Fortune Joy Ventures Limited	2201 Interest of corporation controlled by you
Oceanland Global Investment Limited	2201 Interest of corporation controlled by you
Hongkong Presstar Enterprise Co., Limited	2101 Beneficial owner
Zhang Li	2201 Interest of corporation controlled by you

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