Capital Industrial Financial Services Group (HKSE:00730) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Capital Industrial Financial Services 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. Capital Industrial Financial Services Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Capital Industrial Financial Services Group's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.01). It may suggest that Capital Industrial Financial Services Group is progressively becoming more dependent on debt to grow their business.

Capital Industrial Financial Services Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Capital Industrial Financial Services 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.

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Capital Industrial Financial Services Group LT-Debt-to-Total-Asset Chart

Capital Industrial Financial Services Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.05

0.01

Capital Industrial Financial Services Group 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															0.05	0.01	-	-	0.01

Capital Industrial Financial Services Group LT-Debt-to-Total-Asset Calculation

Capital Industrial Financial Services Group'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 )
	=	15.282	/	1914.701
	=	0.01

Capital Industrial Financial Services Group'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 )
	=	15.282	/	1914.701
	=	0.01

Capital Industrial Financial Services Group (HKSE:00730) 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.

Capital Industrial Financial Services Group LT-Debt-to-Total-Asset Related Terms

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Capital Industrial Financial Services Group (HKSE:00730) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Capital Industrial Financial Services Group Ltd (HKSE:00730) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG

Website

http://www.capital-ifs.com

Capital Industrial Financial Services Group Ltd is an investment holding company engaged in the provision of sale and leaseback arrangements services, property leasing services, supply chain management business, assets management, and consultancy services. Its operating divisions are sale and leaseback arrangements services, property leasing services, assets management, and consultancy services, and supply chain management business.

Executives

Shougang Group Co., Ltd.	2201 Interest of corporation controlled by you
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Vms Investment Group Limited	2101 Beneficial owner
Hy Holding Limited
Yip Wang Ngai

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