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Feiyang International Holdings Group (HKSE:01901) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)


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What is Feiyang International Holdings 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. Feiyang International Holdings Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Feiyang International Holdings Group's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.01). It may suggest that Feiyang International Holdings Group is progressively becoming less dependent on debt to grow their business.

Feiyang International Holdings Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Feiyang International Holdings 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.

* Premium members only.

Feiyang International Holdings Group LT-Debt-to-Total-Asset Chart

Feiyang International Holdings Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.04 0.04 0.06 0.02 0.01

Feiyang International Holdings Group Semi-Annual Data
Dec16 Dec17 Jun18 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 Premium Member Only 0.06 0.04 0.02 0.02 0.01

Feiyang International Holdings Group LT-Debt-to-Total-Asset Calculation

Feiyang International Holdings Group'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 )
=8.702/620.045
=0.01

Feiyang International Holdings Group'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 )
=8.702/620.045
=0.01

* 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.

Feiyang International Holdings Group  (HKSE:01901) 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.

Feiyang International Holdings Group LT-Debt-to-Total-Asset Related Terms

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Feiyang International Holdings Group (HKSE:01901) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Feiyang International Holdings Group Ltd (HKSE:01901) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:01745 HKSE:00265 HKSE:00487 HKSE:06882 HKSE:08668 HKSE:01701 HKSE:01620 HKSE:01235 HKSE:08069 BKNG ABNB XMAD:AMS TCOM RCL CCL EXPE NCLH HKSE:00780 MMYT XPAR:MMB
Traded in Other Exchanges
N/A
Address
(1-140) 30 Dashani Street, Haishu District, Zhejiang, Ningbo, CHN
Website
https://www.iflying.com
Feiyang International Holdings Group Ltd is a travel service provider. It is principally engaged in the design, development and sales of outbound travel package tours; the design, development and sales of FIT Products; and the provision of other ancillary travel-related products and services. The company derives maximum revenue from Sales of package tours. Geographically, it generates a majority of revenue from China.
Executives
He Binfeng 2101 Beneficial owner
Qian Jie 2202 Interest of your spouse
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