Innovax Holdings (HKSE:02680) LT-Debt-to-Total-Asset : 0.00 (As of Aug. 2024)

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What is Innovax 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. Innovax Holdings's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.00.

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

Innovax Holdings LT-Debt-to-Total-Asset Historical Data

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

Innovax Holdings Annual Data

Trend

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Feb24

LT-Debt-to-Total-Asset

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Innovax Holdings Semi-Annual Data
	Feb16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	-	-	-	-

Innovax Holdings LT-Debt-to-Total-Asset Calculation

Innovax Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	0	/	283.6
	=	0.00

Innovax Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	0.735	/	296.449
	=	0.00

Innovax Holdings (HKSE:02680) 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.

Innovax Holdings LT-Debt-to-Total-Asset Related Terms

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Innovax Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Innovax Holdings Ltd (HKSE:02680) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gloucester Road, Unit A-C, 20/F, Neich Tower, Wanchai, Hong Kong, HKG

Website

https://www.innovax.hk

Innovax Holdings Ltd is a financial and securities service provider in Hong Kong. The services offered by the group include corporate finance advisory services; placing and underwriting services; securities dealing and brokerage services; securities financing services; asset management services and money lending services. The services are offered to retail and corporate clients.

Executives

Chung Chi Man	2101 Beneficial owner
Billion Shine International Investment Limited	2101 Beneficial owner
Lee Yin Har	2202 Interest of your spouse

Innovax Holdings Headlines

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