Janco Holdings (HKSE:08035) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2024)

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What is Janco 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. Janco Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.19.

Janco Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Jun. 2024 (0.19). It may suggest that Janco Holdings is progressively becoming more dependent on debt to grow their business.

Janco Holdings LT-Debt-to-Total-Asset Historical Data

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

Janco Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.06

0.05

0.06

0.14

Janco Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	-	0.06	0.19	0.14

Janco Holdings LT-Debt-to-Total-Asset Calculation

Janco 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 )
	=	7.676	/	129.912
	=	0.06

Janco 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 )
	=	30.487	/	159.958
	=

Janco Holdings (HKSE:08035) 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.

Janco Holdings LT-Debt-to-Total-Asset Related Terms

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Janco Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Janco Holdings Ltd (HKSE:08035) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 223 Wai Yip Street, Unit 1608, 16th Floor, Tower A, Manulife Financial Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.jancofreight.com

Janco Holdings Ltd is a freight forwarding and logistics service provider. The company's operating segments are Freight forwarding which includes the provision of air freight and ocean freight forwarding services; Logistics and warehousing includes the provision of warehousing and other ancillary logistics services; and E-Commerce deals in the trading of electronic products through an online platform, It generates a majority of its revenue from Freight forwarding segment. The group's operations are located in Hong Kong.

Executives

Million Venture Holdings Limited	2101 Beneficial owner
Cheng Hon Yat	2202 Interest of your spouse
Tai Choi Wan Noel	2201 Interest of corporation controlled by you
Chan Chun Shing Otto	2101 Beneficial owner

Janco Holdings Headlines

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