Shifang Holding (HKSE:01831) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Shifang Holding 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. Shifang Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Shifang Holding's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.01). It may suggest that Shifang Holding is progressively becoming less dependent on debt to grow their business.

Shifang Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shifang Holding'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.

Shifang Holding LT-Debt-to-Total-Asset Chart

Shifang Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.35

0.34

0.40

0.03

Shifang Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.89	0.03	0.02	0.01

Shifang Holding LT-Debt-to-Total-Asset Calculation

Shifang Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	8.078	/	287.318
	=	0.03

Shifang Holding'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 )
	=	2.396	/	270.85
	=	0.01

Shifang Holding (HKSE:01831) 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.

Shifang Holding LT-Debt-to-Total-Asset Related Terms

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

Shifang Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shifang Holding Ltd (HKSE:01831) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 121 Gutian Road, 6th Floor, Hua Fu Mansion, Gulou District, Fujian Province, Fuzhou, CHN, 350005

Website

http://www.shifangholding.com

Shifang Holding Ltd is an investment holding company engaged in the business of publishing and advertising in the People's Republic of China. The company operates in two business segments; Publishing and advertising segment includes the provision of advertising services, marketing and consulting services, printing services, and agency commission from sales of service pack; The tourism and integrated developments segment include the provision of tourism and integrated services through its media, resort, and eco-tourism integrated development projects and sales of agricultural products, including the Yongtai Distinctive Town Project and Cooperative Project in YongFu Town. Maximum revenue is gained from Publishing and advertising segment. The company operates in the PRC.

Executives

Chen Zhi
Nian Jiaxing	2101 Beneficial owner
Sheng Ping Guo Ji Fa Zhan You Xian Gong Si
Forever Joy Investments Limited	2101 Beneficial owner
Xu Dan	2201 Interest of corporation controlled by you
Shenzhen Energy Gaofei Fund Management Co., Ltd	2101 Beneficial owner
Ye Xuejin	2201 Interest of corporation controlled by you
Victory Color International Investment Limited	2101 Beneficial owner
Wu Yufang	2201 Interest of corporation controlled by you

Shifang Holding Headlines

No Headlines