China Minsheng Banking (HKSE:01988) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is China Minsheng Banking 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. China Minsheng Banking's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

China Minsheng Banking's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.13). It may suggest that China Minsheng Banking is progressively becoming more dependent on debt to grow their business.

China Minsheng Banking LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Minsheng Banking'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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China Minsheng Banking LT-Debt-to-Total-Asset Chart

China Minsheng Banking Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.16

0.11

0.10

0.13

China Minsheng Banking Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.11	0.13	0.12	0.13

China Minsheng Banking LT-Debt-to-Total-Asset Calculation

China Minsheng Banking'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 )
	=	1102871.077	/	8343824.086
	=	0.13

China Minsheng Banking'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 )
	=	1102871.077	/	8343824.086
	=	0.13

China Minsheng Banking (HKSE:01988) 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.

China Minsheng Banking LT-Debt-to-Total-Asset Related Terms

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China Minsheng Banking Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Minsheng Banking Corp Ltd (HKSE:01988) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

CMAKY:USA GHFH:Germany 600016:China

Address

No. 2, Fuxingmennei Avenue, Xicheng District, Beijing, CHN, 100031

Website

https://www.cmbc.com.cn

Founded in 1996, China Minsheng Banking Corp. is one of the first privately owned commercial banks in China, with headquarters in Beijing. Its shares listed on the Shanghai Exchange and the Hong Kong Exchange in 2000 and 2009, respectively. CMBC positions itself as a bank for non-state-owned enterprises, micro- and small enterprises, and high-end retail customers. The bank has a diversified shareholding structure, with over 23,000 banking outlets in 125 cities in China.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Lu Zhiqiang	2201 Interest of corporation controlled by you
Fan Hai Guo Ji Gu Quan Tou Zi You Xian Gong Si	2101 Beneficial owner
Alpha Frontier Limited	2101 Beneficial owner
Shi Yuzhu	2201 Interest of corporation controlled by you
Ju Ren Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Chong Qing Ci Bi Shang Wu Xin Xi Zi Xun You Xian Gong Si	2201 Interest of corporation controlled by you
Da Jia Bao Xian Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Bang Ren Shou Bao Xian Gu Fen You Xian Gong Si	2101 Beneficial owner
Shanghai International Group Co., Ltd	2201 Interest of corporation controlled by you

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