InvesTech Holdings (HKSE:01087) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is InvesTech 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. InvesTech Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

InvesTech Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.07) to Jun. 2024 (0.01). It may suggest that InvesTech Holdings is progressively becoming less dependent on debt to grow their business.

InvesTech Holdings LT-Debt-to-Total-Asset Historical Data

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

InvesTech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.05

0.01

InvesTech Holdings 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															0.05	0.05	0.07	0.01	0.01

InvesTech Holdings LT-Debt-to-Total-Asset Calculation

InvesTech 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 )
	=	7.506	/	816.397
	=	0.01

InvesTech 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 )
	=	4.499	/	800.408
	=	0.01

InvesTech Holdings (HKSE:01087) 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.

InvesTech Holdings LT-Debt-to-Total-Asset Related Terms

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InvesTech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » InvesTech Holdings Ltd (HKSE:01087) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 East Chang An Avenue, Room 1907-1909, 19th Floor, Tower E2, Oriental Plaza, Dong Cheng District, Beijing, CHN

Website

http://www.investech-holdings.com

InvesTech Holdings Ltd is mainly engaged in the provision of network system integration including the provision of network infrastructure solutions, network professional services and smart office software solutions, and network equipment rental business. The company generates maximum revenue from the PRC.

Executives

Wang Fang	2201 Interest of corporation controlled by you
Smoothly Global Holdings Limited	2101 Beneficial owner
Chan Sek Keung Ringo	2101 Beneficial owner
Tin Yat Yu Carol (formerly Known As Yuen Sin Carol)	2101 Beneficial owner
Wong Tai Kuen	2101 Beneficial owner

InvesTech Holdings Headlines

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