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Forward Fashion (International) Holdings Co (HKSE:02528) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)


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What is Forward Fashion (International) 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. Forward Fashion (International) Holdings Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Forward Fashion (International) Holdings Co's long-term debt to total assets ratio increased from Dec. 2022 (0.13) to Dec. 2023 (0.13). It may suggest that Forward Fashion (International) Holdings Co is progressively becoming more dependent on debt to grow their business.

Forward Fashion (International) Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Forward Fashion (International) 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.

Forward Fashion (International) Holdings Co LT-Debt-to-Total-Asset Chart

Forward Fashion (International) Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.29 0.20 0.13 0.13 0.13

Forward Fashion (International) Holdings Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.13 0.14 0.13 0.16 0.13

Forward Fashion (International) Holdings Co LT-Debt-to-Total-Asset Calculation

Forward Fashion (International) 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 )
=119.256/912.168
=0.13

Forward Fashion (International) Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=119.256/912.168
=0.13

* 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.

Forward Fashion (International) Holdings Co  (HKSE:02528) 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.

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Forward Fashion (International) Holdings Co (HKSE:02528) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Forward Fashion (International) Holdings Co Ltd (HKSE:02528) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:01657 HKSE:00483 HKSE:00375 HKSE:00128 HKSE:03860 XMAD:ITX TJX TSE:9983 LULU ROST LSE:NXT BOM:500251 LSE:JD. BURL HKSE:06110 GPS BOM:543426 TSE:2670 TSE:8227 AEO
Traded in Other Exchanges
N/A
Address
The Gateway, Harbour City, Suite 1204, 12th Floor, Tower 6, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Website
https://www.forward-fashion.com
Forward Fashion (International) Holdings Co Ltd is engaged in the retail of fashion apparel of international brands ranging from designer label brands, and popular brands to up-and-coming brands in Greater China. Its brands include UM, UM IXOX, and IXOX. It has opened mono-brand stores in Greater China for the brands BLACK BARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has a business presence in Mainland China, Macau, Hong Kong, and Other regions.
Executives
Gold Star Fashion Limited 2101 Beneficial owner
Cheng King Ling 2202 Interest of your spouse
Fan Wing Ting 2201 Interest of corporation controlled by you

Forward Fashion (International) Holdings Co (HKSE:02528) Headlines

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