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Thelloy Development Group (HKSE:01546) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)


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What is Thelloy Development 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. Thelloy Development Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Thelloy Development Group's long-term debt to total assets ratio declined from Sep. 2022 (0.01) to Sep. 2023 (0.01). It may suggest that Thelloy Development Group is progressively becoming less dependent on debt to grow their business.


Thelloy Development Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thelloy Development 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.

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Thelloy Development Group LT-Debt-to-Total-Asset Chart

Thelloy Development Group 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 - - - 0.02 0.01

Thelloy Development Group 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 - 0.02 0.01 0.01 0.01

Thelloy Development Group LT-Debt-to-Total-Asset Calculation

Thelloy Development Group'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 )
=2.544/341.267
=0.01

Thelloy Development Group'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 )
=1.438/304.551
=0.00

* 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.


Thelloy Development Group  (HKSE:01546) 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.


Thelloy Development Group LT-Debt-to-Total-Asset Related Terms

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Thelloy Development Group (HKSE:01546) Business Description

Traded in Other Exchanges
N/A
Address
79 Wing Hong Street, 19/F, The Globe, Lai Chi Kok, Kowloon, Hong Kong, HKG
Thelloy Development Group Ltd along with its subsidiaries provides building construction services and repair, maintenance, alteration, and additional work services in Hong Kong. The company earns key revenue from building construction operations. Geographically the company caters its services only to the Hong Kong market. The company's services are majorly used by government, quasi-government organizations, institutions, schools, and private residential properties.
Executives
Cheers Mate Holding Limited 2101 Beneficial owner
Cheng Pui Wah Theresa 2202 Interest of your spouse
Lam Kin Wing Eddie 2201 Interest of corporation controlled by you

Thelloy Development Group (HKSE:01546) Headlines

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