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Haina Intelligent Equipment International Holdings (HKSE:01645) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)


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What is Haina Intelligent Equipment 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. Haina Intelligent Equipment International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Haina Intelligent Equipment International Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.02). It may suggest that Haina Intelligent Equipment International Holdings is progressively becoming more dependent on debt to grow their business.

Haina Intelligent Equipment International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haina Intelligent Equipment 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.

Haina Intelligent Equipment International Holdings LT-Debt-to-Total-Asset Chart

Haina Intelligent Equipment International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.06 0.03 0.03 0.01 0.02

Haina Intelligent Equipment International Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.03 0.02 0.01 - 0.02

Haina Intelligent Equipment International Holdings LT-Debt-to-Total-Asset Calculation

Haina Intelligent Equipment International Holdings'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 )
=11.267/741.098
=0.02

Haina Intelligent Equipment International Holdings'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 )
=11.267/741.098
=0.02

* 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.

Haina Intelligent Equipment International Holdings  (HKSE:01645) 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.

Haina Intelligent Equipment International Holdings LT-Debt-to-Total-Asset Related Terms

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Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haina Intelligent Equipment International Holdings Ltd (HKSE:01645) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:03348 HKSE:01673 HKSE:00607 HKSE:00365 HKSE:09882 HKSE:00057 HKSE:00679 HKSE:00641 HKSE:03302 HKSE:01289 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN
Website
https://www.haina-intelligent.com
Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.
Executives
Chang Chi Hsung 2201 Interest of corporation controlled by you
He Ziping
Hong Yiyuan
Su Chengya
Zhang Zhixiong
Prestige Name International Limited 2101 Beneficial owner

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