Fujing Holdings Co (HKSE:02497) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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

Fujing Holdings Co's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Jun. 2024 (0.01). It may suggest that Fujing Holdings Co is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Fujing 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.

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

Fujing Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.02

Fujing Holdings Co Quarterly Data
	Dec20	Dec21	Dec22	May23	Sep23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	0.01	0.02

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

Fujing 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 )
	=	0.38	/	411.88
	=	0.00

Fujing 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 )
	=	5.761	/	519.785
	=

Fujing Holdings Co (HKSE:02497) 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.

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

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Fujing Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujing Holdings Co Ltd (HKSE:02497) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanhu North Road South, Nanbu Village South, Rizhuang Town Laixi, Shandong Province, Qingdao, CHN

Website

http://www.fujingnongye.com

Fujing Holdings Co Ltd is a potted vegetable producer in Shandong province of the PRC. The group mainly sells potted vegetable agricultural products, among which chrysanthemum, rapeseed, bitter chrysanthemum, lettuce, pakchoi, and lettuce are the group's main products.

Executives

Wider International Group Limited	2101 Beneficial owner
Zhang Yonggang	2201 Interest of corporation controlled by you
Beauty Sources Holdings Limited	2101 Beneficial owner
Geng Qi	2201 Interest of corporation controlled by you

Fujing Holdings Co Headlines

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