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ZO Future Group (HKSE:02309) LT-Debt-to-Total-Asset : 0.47 (As of Jun. 2024)


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What is ZO Future 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. ZO Future Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.47.

ZO Future Group's long-term debt to total assets ratio increased from Jun. 2023 (0.10) to Jun. 2024 (0.47). It may suggest that ZO Future Group is progressively becoming more dependent on debt to grow their business.


ZO Future Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZO Future 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.

ZO Future Group LT-Debt-to-Total-Asset Chart

ZO Future Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.19 0.34 0.10 0.47

ZO Future Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.34 0.15 0.10 0.33 0.47

ZO Future Group LT-Debt-to-Total-Asset Calculation

ZO Future Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=591.028/1258.799
=0.47

ZO Future Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=591.028/1258.799
=0.47

* 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.


ZO Future Group  (HKSE:02309) 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.


ZO Future Group LT-Debt-to-Total-Asset Related Terms

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ZO Future Group Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Heung Yip Road, 31st Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG
ZO Future Group is an investment holding company principally engaged in the operation of the football club in the United Kingdom. The activity of the company includes offering season and match day tickets, television broadcasting, and local media businesses. Its segments are the operation of a professional football club; new energy automobiles and related business; Investment in properties; and healthcare business. The company's activity functions in the United Kingdom and it generates revenue through corporate hospitality income, merchandising income, sponsorship income, and conference income. The company generates the majority of its revenue from the operation of a professional football club in the UK.
Executives
Trillion Trophy Asia Limited 2101 Beneficial owner
Wealthy Associates International Limited 2201 Interest of corporation controlled by you
Graticity Real Estate Development Co., Ltd 2201 Interest of corporation controlled by you
Vong Pech 2201 Interest of corporation controlled by you
Lei Sutong 2201 Interest of corporation controlled by you
Suen Cho Hung, Paul 2201 Interest of corporation controlled by you
Yong Ju You Xian Gong Si 2101 Beneficial owner
Hong Long You Xian Gong Si 2101 Beneficial owner

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