GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » WellCell Holdings Co Ltd (HKSE:02477) » Definitions » LT-Debt-to-Total-Asset

WellCell Holdings Co (HKSE:02477) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is WellCell Holdings Co 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. WellCell Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

WellCell Holdings Co's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Jun. 2024 (0.01). It may suggest that WellCell Holdings Co is progressively becoming less dependent on debt to grow their business.


WellCell Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for WellCell Holdings Co'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.

WellCell Holdings Co LT-Debt-to-Total-Asset Chart

WellCell Holdings Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.04 0.02 0.05 0.02

WellCell Holdings Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.05 0.04 0.02 0.01

WellCell Holdings Co LT-Debt-to-Total-Asset Calculation

WellCell Holdings Co'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 )
=4.482/200.809
=0.02

WellCell Holdings Co'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 )
=1.406/296.069
=0.00

* 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.


WellCell Holdings Co  (HKSE:02477) 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.


WellCell Holdings Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of WellCell Holdings Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


WellCell Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
No. 168 Lvyou Road, Room 2105, Building 2, Meixi Commercial Plaza, Xiangzhou, Guangdong, Zhuhai, CHN
WellCell Holdings Co Ltd is a telecommunication network support and information and communication technology (ICT) integration services provider and software developer in the PRC. Its telecommunication network support services mainly include the provision of (i) wireless telecommunication network enhancement services, encompassing both routine and specific services for improving connectivity, quality and coverage of a telecommunication network and/or for troubleshooting telecommunication network issues for its customers; and (ii) telecommunication network infrastructure maintenance and engineering services, involving routine maintenance and emergency restoration of the operations of base stations, and provision of engineering and labour services in projects related to the construction.
Executives
Hang Feng International Holdings Co., Limited 2101 Beneficial owner
Qian Fenglei 2201 Interest of corporation controlled by you
Lin Qi Hao 2101 Beneficial owner
Jia Zheng Yi 2201 Interest of corporation controlled by you
Zheng Li 2202 Interest of your spouse
Zhong Shu Min 2202 Interest of your spouse
Wellcell Group Co.,limited 2201 Interest of corporation controlled by you
Cheer Partners Limited
Shine Dynasty Limited
Cheer Partners Co., Limited 2101 Beneficial owner
Shine Dynasty Co., Limited 2201 Interest of corporation controlled by you

WellCell Holdings Co Headlines

No Headlines