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Lianhua Supermarket Holdings Co (HKSE:00980) LT-Debt-to-Total-Asset : 0.20 (As of Jun. 2024)


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What is Lianhua Supermarket Holdings Co 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. Lianhua Supermarket Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.20.

Lianhua Supermarket Holdings Co's long-term debt to total assets ratio declined from Jun. 2023 (0.22) to Jun. 2024 (0.20). It may suggest that Lianhua Supermarket Holdings Co is progressively becoming less dependent on debt to grow their business.


Lianhua Supermarket Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lianhua Supermarket Holdings Co'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.

Lianhua Supermarket Holdings Co LT-Debt-to-Total-Asset Chart

Lianhua Supermarket Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.27 0.25 0.22 0.21

Lianhua Supermarket Holdings Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.24 0.22 0.22 0.21 0.20

Lianhua Supermarket Holdings Co LT-Debt-to-Total-Asset Calculation

Lianhua Supermarket Holdings Co'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 )
=4708.907/22957.481
=0.21

Lianhua Supermarket Holdings Co'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 )
=4377.057/21533.915
=0.20

* 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.


Lianhua Supermarket Holdings Co  (HKSE:00980) 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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Lianhua Supermarket Holdings Co Business Description

Traded in Other Exchanges
Address
No. 1258 Zhen Guang Road, 5th to 14th Floors, Shanghai, CHN
Lianhua Supermarket Holdings Co Ltd is a Hong Kong-based investment holding company engaged in the operation of stores. The company's reportable segments include hypermarkets, supermarkets and convenience stores, and Other operations. These three segments expand under the brand names of Century Mart, Lianhua Supermarket, Hualian Supermarket and Lianhua Quik. Majority of the revenue is derived from Supermarket segment.
Executives
China Galaxy International Asset Management (hong Kong) Co., Limited 2102 Investment manager
China Galaxy International Spc (acting For And On Behalf Of China Galaxy Value Fund I Sp) 2201 Interest of corporation controlled by you
Xu Zizuo 2101 Beneficial owner

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