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Perfectech International Holdings (HKSE:00765) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)


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What is Perfectech International 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. Perfectech International Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

Perfectech International Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.09) to Jun. 2024 (0.13). It may suggest that Perfectech International Holdings is progressively becoming more dependent on debt to grow their business.


Perfectech International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Perfectech International 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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Perfectech International Holdings LT-Debt-to-Total-Asset Chart

Perfectech International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.08 0.10 0.14

Perfectech International Holdings 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 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 0.08 0.09 0.10 0.13 0.14

Perfectech International Holdings LT-Debt-to-Total-Asset Calculation

Perfectech International 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 )
=11.692/115.893
=0.10

Perfectech International 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 )
=12.165/94.932
=0.13

* 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.


Perfectech International Holdings  (HKSE:00765) 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.


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Perfectech International Holdings Business Description

Traded in Other Exchanges
N/A
Address
46 Wong Chuk Hang Road, 15th Floor, Sun Hing Industrial Building, Aberdeen, Hong Kong, HKG
Perfectech International Holdings Ltd is engaged in the business of manufacturing and selling novelties, decorations, and toy products. It generates maximum revenue from the sales of the Toy products segment. Geographically, it derives the majority of its revenue from Asia and also has a presence in Hong Kong, Europe, the United States of America, and Other Countries. Its products include Cleaner and Pipe, Mold and Cardboard, and standard screw parts and colorists.
Executives
Hongkong Zhong Lai Industrial Limited 2101 Beneficial owner
Xiao Qing 2202 Interest of your spouse
Zhong Shihui 2201 Interest of corporation controlled by you
Fresh Choice Holdings Limited 2101 Beneficial owner
Gao Xiaorui 2201 Interest of corporation controlled by you
Hou Han Ping 2101 Beneficial owner
Yan Guo Liang 2101 Beneficial owner

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