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Tsit Wing International Holdings (HKSE:02119) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)


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What is Tsit Wing 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. Tsit Wing International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Tsit Wing International Holdings's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.03). It may suggest that Tsit Wing International Holdings is progressively becoming more dependent on debt to grow their business.

Tsit Wing International Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tsit Wing 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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Tsit Wing International Holdings LT-Debt-to-Total-Asset Chart

Tsit Wing International Holdings Annual Data
Trend Dec11 Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.01 0.01 0.03

Tsit Wing International Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 0.03 0.03

Tsit Wing International Holdings LT-Debt-to-Total-Asset Calculation

Tsit Wing International 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 )
=17.345/680.171
=0.03

Tsit Wing International 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 )
=17.345/680.171
=0.03

* 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.

Tsit Wing International Holdings  (HKSE:02119) 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.

Tsit Wing International Holdings LT-Debt-to-Total-Asset Related Terms

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Tsit Wing International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Tsit Wing International Holdings Ltd (HKSE:02119) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:00756 HKSE:01446 KO PEP MNST HKSE:09633 KDP LSE:CCEP NSE:VBL HKSE:02097 COCSF MEX:AC LSE:CCH PRMB COKE TSE:2587 CELH TSE:2267 HKSE:00220 HKSE:02460
Traded in Other Exchanges
N/A
Address
15-33 Kwai Tak Street, Flats F-J, 11th Floor, Block 1, Kwai Tak Industrial Centre, Kwai Chung, New Territories, Hong Kong, HKG
Website
https://www.twcoffee.com
Tsit Wing International Holdings Ltd is an investment holding company engaged in the business of coffee, tea, frozen foods, and coffee & tea machines through its subsidiaries. The group generates the majority of its revenue from Sales of coffee, tea, and other related complementary products and processing services. The group also generates revenue from the provision of coffee and tea machine solutions, and Sales of frozen food. Geographically, the group generates the majority of its revenue from Hong Kong, followed by Mainland China.
Executives
Hero Asia Company Limited 2101 Beneficial owner
Li Ying Wah Irene 2202 Interest of your spouse
Wong Tat Tong
Hero Valour Limited 2401 A concert party to an agreement to buy shares
Dah Chong Hong Food International Holdings Limited 2101 Beneficial owner
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you

Tsit Wing International Holdings Headlines

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