Ziyuanyuan Holdings Group (HKSE:08223) LT-Debt-to-Total-Asset : 0.15 (As of Jun. 2024)

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What is Ziyuanyuan Holdings 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. Ziyuanyuan Holdings Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.15.

Ziyuanyuan Holdings Group's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Jun. 2024 (0.15). It may suggest that Ziyuanyuan Holdings Group is progressively becoming more dependent on debt to grow their business.

Ziyuanyuan Holdings Group LT-Debt-to-Total-Asset Historical Data

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

Ziyuanyuan Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.15

0.06

0.16

Ziyuanyuan Holdings Group 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															0.12	-	0.06	0.15	0.16

Ziyuanyuan Holdings Group LT-Debt-to-Total-Asset Calculation

Ziyuanyuan Holdings Group'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 )
	=	39.912	/	672.852
	=	0.06

Ziyuanyuan Holdings Group'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 )
	=	108.757	/	706.123
	=

Ziyuanyuan Holdings Group (HKSE:08223) 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.

Ziyuanyuan Holdings Group LT-Debt-to-Total-Asset Related Terms

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Ziyuanyuan Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Ziyuanyuan Holdings Group Ltd (HKSE:08223) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Guangdong Province, Shenzhen, CHN

Website

http://www.ziyygroup.com

Ziyuanyuan Holdings Group Ltd along with its subsidiaries, is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services, and trading of medical equipment and consumables business in the PRC. The operating segments of the company are Finance leasing, Postpartum care service, and Trading of medical equipment and consumables which is also its key revenue generating segment. Geographically, it derives revenue from the PRC.

Executives

Hero Global Limited	2101 Beneficial owner
Icon Global Holding Limited	2401 A concert party to an agreement to buy shares
Tang Yiping	2202 Interest of your spouse
Zhang Junshen	2201 Interest of corporation controlled by you
Zhang Junwei	2401 A concert party to an agreement to buy shares

Ziyuanyuan Holdings Group Headlines

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