Guan Chao Holdings (HKSE:01872) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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What is Guan Chao 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. Guan Chao Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Guan Chao Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.33) to Dec. 2024 (0.27). It may suggest that Guan Chao Holdings is progressively becoming less dependent on debt to grow their business.

Guan Chao Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guan Chao 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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Guan Chao Holdings LT-Debt-to-Total-Asset Chart

Guan Chao Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.27

0.22

0.21

0.33

0.27

Guan Chao Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											0.21	0.36	0.33	0.30	0.27

Guan Chao Holdings LT-Debt-to-Total-Asset Calculation

Guan Chao Holdings'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 )
	=	215.639	/	792.957
	=	0.27

Guan Chao Holdings'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 )
	=	215.639	/	792.957
	=	0.27

Guan Chao Holdings (HKSE:01872) 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.

Guan Chao Holdings LT-Debt-to-Total-Asset Related Terms

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Guan Chao Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guan Chao Holdings Ltd (HKSE:01872) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Leng Kee Road, No. 01-02, Leng Kee Autopoint, Singapore, SGP, 159096

Website

https://www.guanchaoholdingsltd.com

Guan Chao Holdings Ltd is a multi-brand car dealership and importer of new and pre-owned cars in Singapore. The company is engaged in the sale of new parallel-import motor vehicles and pre-owned motor vehicles, the provision of motor vehicle financing services and motor vehicle insurance agency services, the sale of motor vehicle spare parts and accessories, and the provision of motor vehicle leasing services. Its segment comprises Sales of motor vehicles and provision of related services; Rental income from operating lease of motor vehicles; and Sales of spare parts and accessories.

Executives

Beng Lee Ser Marisa
Tan Shuay Tarng Vincent	2101 Beneficial owner
Gatehouse Ventures Limited	2101 Beneficial owner
Liu Zhiwei	2201 Interest of corporation controlled by you
Trenda Group Holdings Limited	2101 Beneficial owner
Chunda International Capital Management Co., Limited	2201 Interest of corporation controlled by you
Tan Jun Wei Ethan	2101 Beneficial owner
Show Achieve Limited	2101 Beneficial owner
Wu Bin	2201 Interest of corporation controlled by you
Ang De Yu	2101 Beneficial owner

Guan Chao Holdings Headlines

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