GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Harmony Auto Holding Ltd (HKSE:03836) » Definitions » LT-Debt-to-Total-Asset

China Harmony Auto Holding (HKSE:03836) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is China Harmony Auto Holding 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. China Harmony Auto Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

China Harmony Auto Holding's long-term debt to total assets ratio declined from Dec. 2022 (0.08) to Dec. 2023 (0.07). It may suggest that China Harmony Auto Holding is progressively becoming less dependent on debt to grow their business.

China Harmony Auto Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Harmony Auto Holding'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.

China Harmony Auto Holding LT-Debt-to-Total-Asset Chart

China Harmony Auto Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.06 0.08 0.07

China Harmony Auto Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.07 0.08 0.08 0.07

China Harmony Auto Holding LT-Debt-to-Total-Asset Calculation

China Harmony Auto Holding'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 )
=881.871/11851.276
=0.07

China Harmony Auto Holding'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 )
=881.871/11851.276
=0.07

* 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.

China Harmony Auto Holding  (HKSE:03836) 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.

China Harmony Auto Holding LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of China Harmony Auto Holding's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Harmony Auto Holding (HKSE:03836) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Harmony Auto Holding Ltd (HKSE:03836) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:01728 HKSE:01293 HKSE:01771 HKSE:06909 HKSE:00970 HKSE:01130 HKSE:01959 HKSE:08126 HKSE:01872 HKSE:00693 TPE:2207 KMX PAG XBRU:DIE LAD HKSE:00881 AN TSE:4732 ABG GPI
Traded in Other Exchanges
HA5:Germany
Address
No. 16, Shangwuneihuan Road, 15A, Tower A, World Trade Center Building, CBD Zhengdong New District, Henan Province, Zhengzhou, CHN, 450000
Website
http://www.hexieauto.com
China Harmony Auto Holding Ltd is a China car dealer involved mainly in the business of high-end luxury and ultra-luxury vehicles. The company distributes luxury and ultra-luxury cars in China, including Rolls-Royce, Aston Martin, BMW, Lexus, Land Rover, Ferrari, and Maserati, through more than 70 dealerships dispersed across large and midsize cities such as Beijing, Shanghai, Xiamen, Guangzhou, and Wuhan.
Executives
Cititrust Private Trust (cayman) Limited
Eagle Pioneer Company Limited
Eagle Seeker Company Limited
Feng Shaolun
Feng Changge
Ma Lintao

China Harmony Auto Holding (HKSE:03836) Headlines

No Headlines