China Ecotourism Group (HKSE:01371) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is China Ecotourism 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. China Ecotourism Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

China Ecotourism Group's long-term debt to total assets ratio increased from Dec. 2021 (0.01) to Dec. 2023 (0.02). It may suggest that China Ecotourism Group is progressively becoming more dependent on debt to grow their business.

China Ecotourism Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Ecotourism 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.

* Premium members only.

China Ecotourism Group LT-Debt-to-Total-Asset Chart

China Ecotourism Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.02

0.01

China Ecotourism Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	-	0.01	0.29	0.02

China Ecotourism Group LT-Debt-to-Total-Asset Calculation

China Ecotourism Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	3.375	/	573.206
	=	0.01

China Ecotourism 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 )
	=	5.234	/	341.646
	=	0.02

China Ecotourism Group (HKSE:01371) 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.

China Ecotourism Group LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of China Ecotourism Group's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Ecotourism Group (HKSE:01371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Ecotourism Group Ltd (HKSE:01371) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

WORA:Germany

Address

39 Yip Kan Street, Unit 1801, 18th Floor, Landmark South, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.ecotourgroup.com

China Ecotourism Group Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in the business of the provision of technology and services for lottery systems, terminal equipment, and gaming products and their operations in China's lottery market. It offers various lottery products ranging from video lottery, computer ticket games, and KENO-type lottery. The segments of the group are Lottery systems, terminal equipment, and related products, which is the key revenue-generating segment; and Natural and health food. It has a business presence in the PRC, Hong Kong, and Others of which a majority of revenue is derived from the PRC.

Executives

China Carbon Neutral Development Group Limited	2101 Beneficial owner
Lau Ting
Cao Junsheng	2201 Interest of corporation controlled by you
Mao Yuan Capital Limited	2101 Beneficial owner
Chan Shing	2202 Interest of your spouse
Favor King Limited

China Ecotourism Group (HKSE:01371) Headlines

No Headlines