EDA Group Holdings (HKSE:02505) LT-Debt-to-Total-Asset : 0.15 (As of Jun. 2024)

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What is EDA Group 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. EDA Group Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.15.

EDA Group Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.15). It may suggest that EDA Group Holdings is progressively becoming more dependent on debt to grow their business.

EDA Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for EDA Group 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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EDA Group Holdings LT-Debt-to-Total-Asset Chart

EDA Group Holdings Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.27

0.22

0.13

EDA Group Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	0.27	0.22	-	0.13	0.15

EDA Group Holdings LT-Debt-to-Total-Asset Calculation

EDA Group Holdings'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 )
	=	98.192	/	742.675
	=	0.13

EDA Group Holdings'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 )
	=	166.903	/	1127.534
	=	0.15

EDA Group Holdings (HKSE:02505) 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.

EDA Group Holdings LT-Debt-to-Total-Asset Related Terms

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EDA Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » EDA Group Holdings Ltd (HKSE:02505) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xin’an Street, 21/F, Block A, Xingdong Community, Daoxing Science and Technology Innovation Centre, Bao’an District, Shenzhen, CHN

Website

https://www.edayun.com

EDA Group Holdings Ltd is a one-stop end-to-end supply chain solutions provider for e-commerce vendors, empowering the fast-growing B2C export e-commerce industry in the PRC. It offers supply chain solutions that encompass cross-border logistics, overseas warehousing and fulfillment delivery services that are integrated into EDA Cloud, its self-developed cloud platform which houses a comprehensive range of digital supply management tools.

Executives

Sovereign Fiduciaries (hong Kong) Limited	2301 Trustee
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Ls Didi Network Technology Limited	2101 Beneficial owner
Skyline Investment International Limited	2201 Interest of corporation controlled by you
Edaurora Holdings Limited	2305 Beneficiary of a trust
Eda Shine International Limited	2101 Beneficial owner
Liu Yong	2501 Other
Zuo Manlun	2501 Other
Xi Xi Development Limited	2201 Interest of corporation controlled by you
Wong Luen Hei	2307 Founder of a discretionary trust who can infl
Tang Jia Jia	2501 Other
Samanea China Holdings Limited	2501 Other
Qian Yu Cheng	2501 Other
New Fortune Star Limited	2201 Interest of corporation controlled by you
Luo Jianfeng	2501 Other

EDA Group Holdings Headlines

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