Tasty Concepts Holding (HKSE:08096) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Tasty Concepts 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. Tasty Concepts Holding's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Tasty Concepts Holding's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Sep. 2024 (0.03). It may suggest that Tasty Concepts Holding is progressively becoming less dependent on debt to grow their business.

Tasty Concepts Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tasty Concepts 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.

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Tasty Concepts Holding LT-Debt-to-Total-Asset Chart

Tasty Concepts Holding Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.17

0.18

0.14

0.27

0.01

Tasty Concepts Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	-	0.25	0.01	0.03

Tasty Concepts Holding LT-Debt-to-Total-Asset Calculation

Tasty Concepts Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	0.167	/	37.11
	=	0.00

Tasty Concepts Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	0.966	/	31.797
	=

Tasty Concepts Holding (HKSE:08096) 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.

Tasty Concepts Holding LT-Debt-to-Total-Asset Related Terms

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Tasty Concepts Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tasty Concepts Holding Ltd (HKSE:08096) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

63-69 Wellington Street, Ground Floor, Fortuna Building, Central, HKG

Website

https://www.butaoramen.com

Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.

Executives

Goldstone 1 Lpf	2101 Beneficial owner
Goldstone Wealth Management Limited	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
China New Consumption Group Limited	2201 Interest of corporation controlled by you
Everest Enterprise Company Limited	2201 Interest of corporation controlled by you
Longson Enterprise Development Company Limited	2101 Beneficial owner
Brilliant Trade Enterprises Limited	2101 Beneficial owner
Lee Wai Yu Giselle	2202 Interest of your spouse
Tai Shiu Bun Mariana	2202 Interest of your spouse
Tang Chun Ho Chandler	2201 Interest of corporation controlled by you
Tang Hing Chee	2201 Interest of corporation controlled by you

Tasty Concepts Holding Headlines

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