YGM Trading (HKSE:00375) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

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What is YGM Trading 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. YGM Trading's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

YGM Trading's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.04). It may suggest that YGM Trading is progressively becoming less dependent on debt to grow their business.

YGM Trading LT-Debt-to-Total-Asset Historical Data

The historical data trend for YGM Trading'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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YGM Trading LT-Debt-to-Total-Asset Chart

YGM Trading Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.07

0.05

0.06

YGM Trading Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.08	0.06	0.04

YGM Trading LT-Debt-to-Total-Asset Calculation

YGM Trading's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	31.448	/	571.613
	=	0.06

YGM Trading's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	23.642	/	551.966
	=	0.04

YGM Trading (HKSE:00375) 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.

YGM Trading LT-Debt-to-Total-Asset Related Terms

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YGM Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » YGM Trading Ltd (HKSE:00375) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ygmtrading.com

YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.

Executives

Chan Family Investment Corporation Ltd.	2101 Beneficial owner
Chan Wing Sun
Chan Wing Kee	2101 Beneficial owner
Chan Wing Fui Peter	2101 Beneficial owner
Chan Suk Ling, Shirley	2101 Beneficial owner
Chan Wing To	2101 Beneficial owner

YGM Trading Headlines

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