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Ching Lee Holdings (HKSE:03728) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2023)


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What is Ching Lee 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. Ching Lee Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.00.

Ching Lee Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.00). It may suggest that Ching Lee Holdings is progressively becoming more dependent on debt to grow their business.


Ching Lee Holdings LT-Debt-to-Total-Asset Historical Data

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

Ching Lee Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
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Ching Lee Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Ching Lee Holdings LT-Debt-to-Total-Asset Calculation

Ching Lee Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=1.726/582.411
=0.00

Ching Lee Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=1.06/562.235
=0.00

* 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.


Ching Lee Holdings  (HKSE:03728) 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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Ching Lee Holdings (HKSE:03728) Business Description

Traded in Other Exchanges
N/A
Address
28 Shanghai Street, Room 203-204, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG
Ching Lee Holdings Ltd is an investment holding company. It is engaged in providing substructure building works services, superstructure building works services and repair, maintenance, alteration and addition works services. Substructure building works refer to building works in relation to the parts of the structure below or above the ground level respectively while repair, maintenance, alteration and addition work services segment accounts for existing structing. The superstructure works projects consist of demolition and hoarding, site formation and foundation works and RMAA works services segment. Majority of the company's revenue comes from the superstructure building work services. The group is based in Hong Kong.
Executives
Ng Choi Wah 2101 Beneficial owner

Ching Lee Holdings (HKSE:03728) Headlines

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