Beijing Capital Grand (HKSE:01329) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)

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What is Beijing Capital Grand 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. Beijing Capital Grand's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

Beijing Capital Grand's long-term debt to total assets ratio declined from Dec. 2022 (0.23) to Dec. 2023 (0.15). It may suggest that Beijing Capital Grand is progressively becoming less dependent on debt to grow their business.

Beijing Capital Grand LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Capital Grand'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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Beijing Capital Grand LT-Debt-to-Total-Asset Chart

Beijing Capital Grand Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.30

0.14

0.27

0.23

0.15

Beijing Capital Grand Semi-Annual Data
	Mar14	Sep14	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															0.27	0.26	0.23	0.23	0.15

Beijing Capital Grand LT-Debt-to-Total-Asset Calculation

Beijing Capital Grand'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 )
	=	2898.792	/	19612.813
	=	0.15

Beijing Capital Grand'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 )
	=	2898.792	/	19612.813
	=	0.15

Beijing Capital Grand (HKSE:01329) 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.

Beijing Capital Grand LT-Debt-to-Total-Asset Related Terms

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Beijing Capital Grand (HKSE:01329) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing Capital Grand Ltd (HKSE:01329) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 8 North 3rd Ring East Road, West Area, 7th Floor, Jing An Centre, Chaoyang District, Beijing, CHN

Website

https://www.bcgrand.com

Beijing Capital Grand Ltd is a commercial property developer in China property market. It is engaged in the development of outlets-backed integrated property and commercial property development and operations. The company segments namely Property development, Investment property development and operation, Sale of merchandise inventories, and other segments. The segment of Investment property development and operation, which is the key revenue contributor, derives revenue from rental income.

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