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J&T Global Express (HKSE:01519) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)


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What is J&T Global Express 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. J&T Global Express's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

J&T Global Express's long-term debt to total assets ratio increased from Dec. 2023 (0.21) to Dec. 2024 (0.22). It may suggest that J&T Global Express is progressively becoming more dependent on debt to grow their business.

J&T Global Express LT-Debt-to-Total-Asset Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express LT-Debt-to-Total-Asset Chart

J&T Global Express Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.07 0.06 0.23 0.21 0.22

J&T Global Express Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.23 0.23 0.21 0.06 0.22

J&T Global Express LT-Debt-to-Total-Asset Calculation

J&T Global Express's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=12571.749/56703.113
=0.22

J&T Global Express's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=12571.749/56703.113
=0.22

* 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.

J&T Global Express  (HKSE:01519) 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.

J&T Global Express LT-Debt-to-Total-Asset Related Terms

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J&T Global Express Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » LT-Debt-to-Total-Asset
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HKSE:00598 HKSE:02618 HKSE:00636 HKSE:09699 HKSE:02490 HKSE:02505 HKSE:03399 HKSE:02130 HKSE:02482 HKSE:01442 UPS FDX XTER:DHL OCSE:DSV SZSE:002352 XSWX:KNIN EXPD ZTO JBHT CHRW
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J92:Germany
Address
1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN
Website
https://www.jtexpress.com
J&T Express provides express delivery in 13 countries, with a number one position in Southeast Asia and a number five position in China by parcel volume share in 2023 and a growing footprint in Latin America and the Middle East. As of Dec. 31, 2023, it had full network coverage across Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, and Singapore, over 99% of geographical coverage in China, and over 95% coverage in Saudi Arabia, the UAE, Mexico, Brazil, and Egypt. J&T also had approximately 8,500 network partners, 19,600 pickup and delivery outlets, and operates 237 sorting centers, more than 3,900 line-haul routes and over 9,600 line-haul vehicles, including more than 5,100 self-owned line-haul vehicles.
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