Persistence Gold Group (HKSE:02489) LT-Debt-to-Total-Asset: 0.03 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02489 Persistence Gold Group Ltd HKSE:02489
47 GF Score
Price HK$0.68
! 4 Warning Signs
View Full Analysis

What is Persistence Gold Group LT-Debt-to-Total-Asset?

Persistence Gold Group HKSE:02489 -4.23% 47 LT-Debt-to-Total-Asset is 0.03 as of Mar. 2026. GuruFocus rates HKSE:02489 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review.

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. Persistence Gold Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.03.

Persistence Gold Group's long-term debt to total assets ratio increased from Mar. 2025 (0.03) to Mar. 2026 (0.03). It may suggest that Persistence Gold Group is progressively becoming more dependent on debt to grow their business.

Persistence Gold Group  (HKSE:02489) 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.

Persistence Gold Group LT-Debt-to-Total-Asset Related Terms

Persistence Gold Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Persistence Gold 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.

Persistence Gold Group LT-Debt-to-Total-Asset Chart

Persistence Gold Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.03

Persistence Gold Group Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.05 0.04 0.03 0.03
HKSE:02489
47GF Score
Persistence Gold Group Ltd HKSE:02489
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Persistence Gold Group LT-Debt-to-Total-Asset Calculation

Persistence Gold Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=84.137/2533.088
=0.03

Persistence Gold Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=82.646/2616.675
=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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.03 mean?
Persistence Gold Group (HKSE:02489) has a LT-Debt-to-Total-Asset of 0.03 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Persistence Gold Group and its competitors.
Is Persistence Gold Group's LT-Debt-to-Total-Asset too high?
Persistence Gold Group's current LT-Debt-to-Total-Asset is 0.03. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's LT-Debt-to-Total-Asset compare to NEM and AU?
Persistence Gold Group's LT-Debt-to-Total-Asset of 0.03 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Persistence Gold Group and its competitors. Persistence Gold Group's current LT-Debt-to-Total-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current LT-Debt-to-Total-Asset of 0.03. The current LT-Debt-to-Total-Asset is 0.03. Persistence Gold Group's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Persistence Gold Group (HKSE:02489), the current LT-Debt-to-Total-Asset is 0.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Persistence Gold Group Business Description

Address 199 Des Voeux Road Central, Level 20, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score

Get the complete analysis for HKSE:02489

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.68
Price