Huanxi Media Group (HKSE:01003) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Huanxi Media 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. Huanxi Media Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Huanxi Media Group's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Huanxi Media Group is progressively becoming less dependent on debt to grow their business.

Huanxi Media Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Huanxi Media 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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Huanxi Media Group LT-Debt-to-Total-Asset Chart

Huanxi Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Huanxi Media 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															0.01	0.01	0.01	-	-

Huanxi Media Group LT-Debt-to-Total-Asset Calculation

Huanxi Media 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 )
	=	3.549	/	2234.243
	=	0.00

Huanxi Media 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 )
	=	3.549	/	2234.243
	=	0.00

Huanxi Media Group (HKSE:01003) 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.

Huanxi Media Group LT-Debt-to-Total-Asset Related Terms

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Huanxi Media Group (HKSE:01003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huanxi Media Group Ltd (HKSE:01003) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, 11th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.huanximedia.com

Huanxi Media Group Ltd is a media company in China focused on the investment and production of films, drama series, and the operation of a subscription-based online video platform. The company is an investment holding and film investment company. Its subsidiaries are principally engaged in media and entertainment related businesses. Its one reportable segment is the investment in film and TV programmes rights. The current operations of the company are located in the PRC and Hong Kong.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Newwood Investments Limited	2401 A concert party to an agreement to buy shares
Pacific Wits Limited	2401 A concert party to an agreement to buy shares
Tairong Holdings Limited	2401 A concert party to an agreement to buy shares
Dong Ping	2101 Beneficial owner
Ning Hao	2401 A concert party to an agreement to buy shares
Xu Zheng	2401 A concert party to an agreement to buy shares
Maoyan Entertainment	2101 Beneficial owner
Bilibili Inc.	2101 Beneficial owner

Huanxi Media Group (HKSE:01003) Headlines

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