Tianli International Holdings (HKSE:01773) LT-Debt-to-Total-Asset : 0.17 (As of Aug. 2024)

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What is Tianli 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. Tianli International Holdings's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.17.

Tianli International Holdings's long-term debt to total assets ratio increased from Aug. 2023 (0.14) to Aug. 2024 (0.17). It may suggest that Tianli International Holdings is progressively becoming more dependent on debt to grow their business.

Tianli International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tianli 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.

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Tianli International Holdings LT-Debt-to-Total-Asset Chart

Tianli International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.08

0.12

0.13

0.14

0.17

Tianli International Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.13	0.15	0.14	0.15	0.17

Tianli International Holdings LT-Debt-to-Total-Asset Calculation

Tianli International Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	1932.301	/	11118.888
	=	0.17

Tianli International Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	1932.301	/	11118.888
	=	0.17

Tianli International Holdings (HKSE:01773) 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.

Tianli International Holdings LT-Debt-to-Total-Asset Related Terms

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Tianli International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tianli International Holdings Ltd (HKSE:01773) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qingyang Industrial Zone, Tower T25, Sichuan Province, Chengdu, CHN

Website

https://www.tianlieducation.com

Tianli International Holdings Ltd operates as a private education service provider in Western China. The Company provides clients with integrated education management and diversified services. Its services mainly include comprehensive education services, training services, study trip services, early childhood education services, canteen operations, management and franchise, as well as supply chain management services. The Company also offers extracurricular programs in music, arts, physical education and languages, as well as licensing rights to its brands for early childhood centers. Geographically, it derives revenue from PRC.

Executives

Luo Shi	2201 Interest of corporation controlled by you
First Beijing Investment Limited	2102 Investment manager
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Tu Mengxuan	2202 Interest of your spouse
Sky Elite Limited	2101 Beneficial owner

Tianli International Holdings Headlines

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