Agile Group Holdings (HKSE:03383) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2023)

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What is Agile 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. Agile Group Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.14.

Agile Group Holdings's long-term debt to total assets ratio declined from Jun. 2022 (0.16) to Jun. 2023 (0.14). It may suggest that Agile Group Holdings is progressively becoming less dependent on debt to grow their business.

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

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

Agile Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.19

0.17

0.13

0.12

Agile Group 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	0.16	0.13	0.14	0.12

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

Agile Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	39750.153	/	305289.943
	=	0.13

Agile Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	39594.438	/	287431.434
	=	0.14

Agile Group Holdings (HKSE:03383) 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.

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

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Agile Group Holdings (HKSE:03383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agile Group Holdings Ltd (HKSE:03383) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

AGPYY:USA A8P:Germany

Address

26 Huaxia Road, 33rd Floor, Agile Center, Zhujiang New Town, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

https://www.agile.com.cn

Agile Group is one of the largest Chinese developers listed (2005) on the Hong Kong Exchange. Its main business is property development, with a land bank spread across China and overseas, including key cities in Zhongshan, Guangzhou, and Hainan. Agile spun off its complementary property management business A-Living Services on the Hong Kong Exchange in February 2018; we believe this business is poised to enjoy healthy organic and inorganic growth in gross floor area under management. The company also operates a commercial portfolio consisting of hotels and investment properties, as well as construction. Its environmental business covers waste and water treatment, currently operating in an initial growth phase.

Executives

Luk Sin Fong, Fion
Chan Cheuk Yin
Top Coast Investment Limited	2101 Beneficial owner
Chan Cheuk Hei	2305 Beneficiary of a trust
Chan Cheuk Hung	2305 Beneficiary of a trust
Chan Cheuk Nam	2305 Beneficiary of a trust
Chan Siu Na	2202 Interest of your spouse
Chen Zhuo Lin	2305 Beneficiary of a trust
Lu Liqing	2202 Interest of your spouse
Lu Yanping	2202 Interest of your spouse
Zheng Huiqiong	2202 Interest of your spouse
Fu Feng Tou Zi You Xian Gong Si	2301 Trustee
Chen Sze Long	2201 Interest of corporation controlled by you
Wang Huizhao	2202 Interest of your spouse

Agile Group Holdings (HKSE:03383) Headlines

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