Eternity Investment (HKSE:00764) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2024)

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What is Eternity Investment 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. Eternity Investment's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.14.

Eternity Investment's long-term debt to total assets ratio increased from Jun. 2023 (0.08) to Jun. 2024 (0.14). It may suggest that Eternity Investment is progressively becoming more dependent on debt to grow their business.

Eternity Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eternity Investment'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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Eternity Investment LT-Debt-to-Total-Asset Chart

Eternity Investment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.08

0.14

0.10

Eternity Investment Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.08	0.14	0.14	0.10

Eternity Investment LT-Debt-to-Total-Asset Calculation

Eternity Investment'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 )
	=	416.128	/	3074.573
	=	0.14

Eternity Investment'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 )
	=	415.751	/	2940.88
	=	0.14

Eternity Investment (HKSE:00764) 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.

Eternity Investment LT-Debt-to-Total-Asset Related Terms

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Eternity Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Eternity Investment Ltd (HKSE:00764) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1211, Shun Tak Centre, West Tower, Hong Kong, HKG

Website

https://www.eternityinv.com.hk

Eternity Investment Ltd is an investment holding company. The operating segments of the company are Property investment, Sale of financial assets, Moneylending, Sale of jewelry products, and Golf club operation segment. The company generates the maximum revenue from the sale of jewelry products. Geographically, the company generates the majority of its revenue from Hong Kong.

Executives

Lei Hong Wai	2101 Beneficial owner
Cheung Kwok Wai Elton	2101 Beneficial owner
Chu Yuet Wah	2201 Interest of corporation controlled by you
Silver Pacific Development Limited	2201 Interest of corporation controlled by you
Twin Success International Limited	2101 Beneficial owner
Guan Jian	2201 Interest of corporation controlled by you
Silver Pacific International Limited	2201 Interest of corporation controlled by you
Ample Cheer Limited	2201 Interest of corporation controlled by you
Kingston Finance Limited	2106 Person having a security interest in shares

Eternity Investment Headlines

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