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Veeko International Holdings (HKSE:01173) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2023)


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What is Veeko 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. Veeko International Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.09.

Veeko International Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.04) to Sep. 2023 (0.09). It may suggest that Veeko International Holdings is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Veeko 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.

* Premium members only.

Veeko International Holdings LT-Debt-to-Total-Asset Chart

Veeko International Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.10 0.05 0.04 0.06

Veeko International Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.03 0.04 0.04 0.06 0.09

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

Veeko International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=43.476/772.588
=0.06

Veeko International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=72.427/834.211
=0.09

* 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.

Veeko International Holdings  (HKSE:01173) 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.

Veeko International Holdings LT-Debt-to-Total-Asset Related Terms

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Veeko International Holdings (HKSE:01173) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Veeko International Holdings Ltd (HKSE:01173) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:08281 HKSE:00943 HKSE:01338 HKSE:01259 HKSE:08436 HKSE:08176 HKSE:02031 HKSE:02177 HKSE:08451 HKSE:00464 PG XPAR:OR LSE:ULVR CL BOM:500696 EL KMB LSE:RKT KVUE XTER:BEI
Traded in Other Exchanges
N/A
Address
192-200, Tai Lin Pai Road, 10th Floor, Wyler Centre Phase II, New Territories, Kwai Chung, Hong Kong, HKG
Website
https://www.veeko.com.hk
Veeko International Holdings Ltd is an investment holding company principally engaged in the cosmetics and personal care products business. It operates in two business segments. The Cosmetics segment is engaged in the sales of cosmetics under the brand of Colourmix and MORIMOR, including skin-care products, perfumery, make-up, personal care, hairdressing, body care, and cosmeceuticals, as well as health food. The Fashion segment is engaged in the manufacture and sales of ladies' fashion under the brand names of Veeko and Wanko. The cosmetics segment accounts for majority of the firm's revenue. The company generates the majority of the revenue from Hong Kong and Macau.
Executives
Lam Yuk Sum 2305 Beneficiary of a trust
Cheng Chung Man Johnny 2305 Beneficiary of a trust
Hsbc International Trustee Limited 2301 Trustee
Silver Crown Profits Limited 2101 Beneficial owner
Well Feel Group Limited 2201 Interest of corporation controlled by you

Veeko International Holdings (HKSE:01173) Headlines

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