GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megain Holding (Cayman) Co Ltd (HKSE:06939) » Definitions » LT-Debt-to-Total-Asset

Megain Holding (Cayman) Co (HKSE:06939) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Megain Holding (Cayman) Co 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. Megain Holding (Cayman) Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Megain Holding (Cayman) Co's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Megain Holding (Cayman) Co is progressively becoming less dependent on debt to grow their business.

Megain Holding (Cayman) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Megain Holding (Cayman) Co'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.

Megain Holding (Cayman) Co LT-Debt-to-Total-Asset Chart

Megain Holding (Cayman) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.01 - 0.01 - -

Megain Holding (Cayman) Co Semi-Annual Data
Dec17 Dec18 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 0.01 0.01 - - -

Megain Holding (Cayman) Co LT-Debt-to-Total-Asset Calculation

Megain Holding (Cayman) Co'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 )
=0.511/426.802
=0.00

Megain Holding (Cayman) Co'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 )
=0.511/426.802
=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.

Megain Holding (Cayman) Co  (HKSE:06939) 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.

Megain Holding (Cayman) Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Megain Holding (Cayman) Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Megain Holding (Cayman) Co (HKSE:06939) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Megain Holding (Cayman) Co Ltd (HKSE:06939) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:03638 HKSE:02028 HKSE:01079 HKSE:01263 HKSE:03336 ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992 WDC SMCI XSWX:LOGN PSTG TPE:2395
Traded in Other Exchanges
N/A
Address
No. 115 Huawei Road, Block A, Floor 3, Guangdong Province, Zhuhai, CHN, 519000
Website
https://www.megaincayman.com
Megain Holding (Cayman) Co Ltd is an investment holding company engaged in the provision of research, design, development, and sales of compatible cartridge chips based in China. The company's products are the core components of compatible cartridges, which are printer consumables designed and manufactured by third-party cartridge manufacturers and include ink cartridges for use in inkjet printers and toner cartridges for use in laser printers. Its product application includes Desktop laser printers, Desktop inkjet printers, and Commercial printers. The company derives a majority of its revenue from the People's Republic of China.
Executives
Cheng Hsien-wei 2201 Interest of corporation controlled by you
Global Megain Technology Pte. Ltd. 2101 Beneficial owner
Arista Global Ltd. 2103 Interests held jointly with another person
Lee Kuo-chang 2103 Interests held jointly with another person
Good Loyal Corporation 2101 Beneficial owner
Yu Yiding 2201 Interest of corporation controlled by you
Lam Tsz Leung 2101 Beneficial owner

Megain Holding (Cayman) Co (HKSE:06939) Headlines

No Headlines