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DreamEast Group (HKSE:00593) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2023)


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What is DreamEast Group 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. DreamEast Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.07.

DreamEast Group's long-term debt to total assets ratio increased from Jun. 2022 (0.05) to Jun. 2023 (0.07). It may suggest that DreamEast Group is progressively becoming more dependent on debt to grow their business.

DreamEast Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for DreamEast Group'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.

DreamEast Group LT-Debt-to-Total-Asset Chart

DreamEast Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.23 0.09 0.05 0.06

DreamEast Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.05 0.05 0.05 0.06 0.07

DreamEast Group LT-Debt-to-Total-Asset Calculation

DreamEast Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=443.688/7782.951
=0.06

DreamEast Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=463.884/6947.11
=0.07

* 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.

DreamEast Group  (HKSE:00593) 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.

DreamEast Group LT-Debt-to-Total-Asset Related Terms

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DreamEast Group (HKSE:00593) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » DreamEast Group Ltd (HKSE:00593) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:02080 HKSE:00183 HKSE:00430 HKSE:00864 HKSE:01417 HKSE:03603 HKSE:08181 HKSE:01941 HKSE:00616 HKSE:00859 CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING HKSE:01972 OSTO:AKEL D MIL:INW
Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suite 2901, Tower Two, Times Square, Hong Kong, HKG
Website
http://www.dreameast.com
DreamEast Group Ltd is engaged in tourism resorts and property development business. The company has two reportable segments namely Property development and leasing; and Tourism Park operations. The property development and leasing segment is engaged in property sales and leases to customers in property market. The tourism park operations segment is engaged in operation of theme parks and provision of food and beverage services in the theme parks. It generates maximum revenue from the Property development and leasing segment. Geographically, it derives the majority of revenue from PRC.
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