Capital Environment Holdings (HKSE:03989) LT-Debt-to-Total-Asset : 0.45 (As of Jun. 2024)

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What is Capital Environment 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. Capital Environment Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.45.

Capital Environment Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.49) to Jun. 2024 (0.45). It may suggest that Capital Environment Holdings is progressively becoming less dependent on debt to grow their business.

Capital Environment Holdings LT-Debt-to-Total-Asset Historical Data

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

Capital Environment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.50

0.30

0.38

0.39

0.45

Capital Environment Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.39	0.49	0.45	0.45

Capital Environment Holdings LT-Debt-to-Total-Asset Calculation

Capital Environment 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 )
	=	9961.811	/	22189.674
	=	0.45

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	9971.109	/	22166.97
	=	0.45

Capital Environment Holdings (HKSE:03989) 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.

Capital Environment Holdings LT-Debt-to-Total-Asset Related Terms

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Capital Environment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Capital Environment Holdings Ltd (HKSE:03989) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wan Chai Hong Kong, Hong Kong, HKG

Website

https://www.cehl.com.hk

Capital Environment Holdings Ltd is an investment holding company engaged in the provision of waste treatment technologies and services, which specializes in technology development, design, system integration, project investment, consultancy, operation, and maintenance of waste treatment facilities, especially waste-to-energy projects. The Group has a single reportable segment which is the Waste treatment & waste-to-energy business in the PRC.

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