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Yancheng Port International Co (HKSE:08310) LT-Debt-to-Total-Asset : 0.92 (As of Dec. 2024)


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What is Yancheng Port International 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. Yancheng Port International Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.92.

Yancheng Port International Co's long-term debt to total assets ratio increased from Jun. 2023 (0.45) to Dec. 2024 (0.92). It may suggest that Yancheng Port International Co is progressively becoming more dependent on debt to grow their business.


Yancheng Port International Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yancheng Port International 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.

Yancheng Port International Co LT-Debt-to-Total-Asset Chart

Yancheng Port International Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 1.00 0.82 0.37 0.92

Yancheng Port International Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 - 0.37 0.60 0.92

Yancheng Port International Co LT-Debt-to-Total-Asset Calculation

Yancheng Port International Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=291.029/317.508
=0.92

Yancheng Port International Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=291.029/317.508
=

* 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.


Yancheng Port International Co  (HKSE:08310) 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.


Yancheng Port International Co LT-Debt-to-Total-Asset Related Terms

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Yancheng Port International Co Business Description

Traded in Other Exchanges
N/A
Address
33 Wang Chiu Road, Unit 1009, Exchange Tower, Kowloon Bay, Kowloon, HKG
Yancheng Port International Co Ltd is principally engaged in the trading business, the provision of integrated logistics handling and the relevant supporting services as well as the petrochemical products storage business. The business activities of the company are divided into Trading Business, Integrated logistics handling and the relevant supporting services, and the Petrochemical products storage business.
Executives
Jiang Su Yan Cheng Gang Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Yan Cheng Shi Ren Min Zheng Fu 2201 Interest of corporation controlled by you
Jiang Wen 2101 Beneficial owner
Li Qiuhua 2202 Interest of your spouse
Dafeng Port Overseas Investment Holdings Limited 2101 Beneficial owner
Da Feng Qu Ren Min Zheng Fu 2201 Interest of corporation controlled by you
Jiang Su Da Feng Hai Gang Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

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