Arrail Group (HKSE:06639) LT-Debt-to-Total-Asset : 0.20 (As of Sep. 2023)

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What is Arrail Group 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. Arrail Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.20.

Arrail Group's long-term debt to total assets ratio declined from Sep. 2022 (0.21) to Sep. 2023 (0.20). It may suggest that Arrail Group is progressively becoming less dependent on debt to grow their business.

Arrail Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Arrail Group'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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Arrail Group LT-Debt-to-Total-Asset Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.28

0.29

0.23

0.20

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.20	0.20	0.21	0.20	0.20

Arrail Group LT-Debt-to-Total-Asset Calculation

Arrail Group'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 )
	=	698.745	/	3487.188
	=	0.20

Arrail Group'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 )
	=	686.652	/	3469.521
	=	0.20

Arrail Group (HKSE:06639) 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.

Arrail Group LT-Debt-to-Total-Asset Related Terms

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Arrail Group (HKSE:06639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

I1D:Germany

Address

No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China.

Executives

Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited	2301 Trustee
Kastle Limited	2301 Trustee
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
19 Growth Capital Fund Gp Inc.	2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p.	2201 Interest of corporation controlled by you
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you

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