Vinda International Holdings (HKSE:03331) LT-Debt-to-Total-Asset : 0.18 (As of Dec. 2023)

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What is Vinda International 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. Vinda International Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.18.

Vinda International Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.12) to Dec. 2023 (0.18). It may suggest that Vinda International Holdings is progressively becoming more dependent on debt to grow their business.

Vinda International Holdings LT-Debt-to-Total-Asset Historical Data

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

Vinda International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.14

0.17

0.12

0.18

Vinda International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.13	0.12	0.18	0.18

Vinda International Holdings LT-Debt-to-Total-Asset Calculation

Vinda International 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 )
	=	3923.096	/	22148.091
	=	0.18

Vinda International Holdings'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 )
	=	3923.096	/	22148.091
	=	0.18

Vinda International Holdings (HKSE:03331) 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.

Vinda International Holdings LT-Debt-to-Total-Asset Related Terms

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Vinda International Holdings (HKSE:03331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vinda International Holdings Ltd (HKSE:03331) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VDAHF:USA 31V:Germany

Address

98 Granville Road, Penthouse, East Ocean Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.vinda.com

Vinda International Holdings Ltd is an investment holding company. Along with its subsidiaries, the company manufactures and sells a range of tissue paper and personal care products in the market. Its reportable segments are Household paper products which account for the majority of its revenue, and Personal care products. The group has a business presence in Mainland China, Hong Kong, Malaysia, Japan, Taiwan, and other countries, of which key revenue is derived from Mainland China.

Executives

Fiduco Trust Management Ptc	2201 Interest of corporation controlled by you
Tanoto Sukanto	2501 Other
Li Chao Wang	2101 Beneficial owner
Essity Aktiebolag (publ)	2201 Interest of corporation controlled by you
Sentential Holdings Limited	2201 Interest of corporation controlled by you
Fu An International Company Limited	2101 Beneficial owner
Beaumont Capital Fund Ltd	2101 Beneficial owner
Tanoto Belinda	2201 Interest of corporation controlled by you

Vinda International Holdings (HKSE:03331) Headlines

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