MS Concept (HKSE:08447) LT-Debt-to-Total-Asset : 0.35 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is MS Concept 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. MS Concept's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.35.

MS Concept's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Mar. 2024 (0.35). It may suggest that MS Concept is progressively becoming more dependent on debt to grow their business.

MS Concept LT-Debt-to-Total-Asset Historical Data

The historical data trend for MS Concept'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.

MS Concept LT-Debt-to-Total-Asset Chart

MS Concept Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.18

0.22

0.20

0.35

MS Concept 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															0.20	-	0.14	0.35	0.29

MS Concept LT-Debt-to-Total-Asset Calculation

MS Concept'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 )
	=	46.47	/	134.051
	=	0.35

MS Concept's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	46.47	/	134.051
	=

MS Concept (HKSE:08447) 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.

MS Concept LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of MS Concept's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MS Concept Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MS Concept Ltd (HKSE:08447) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

186-191 Connaught Road West, Room 1409-10, 14th Floor, Hong Kong Plaza, Hong Kong, HKG

Website

https://www.mrsteak.com.hk

MS Concept Ltd is a restaurant group that operates Western and Japanese casual dining restaurants in Hong Kong. The company operates restaurants under various brands namely Bistro Bloom, Bistro Bloom/Marbling, Hana, Sky Bar, and many more. The company derives revenue from restaurant operations that provide catering services.

Executives

Future More Company Limited	2101 Beneficial owner
Ip Yin King Ingrid	2201 Interest of corporation controlled by you
Kwong Ching Yee Melanie	2201 Interest of corporation controlled by you
Kwong Man Yui	2201 Interest of corporation controlled by you
Kwong Tai Wah	2201 Interest of corporation controlled by you
Kwong Tai Wing Joseph	2201 Interest of corporation controlled by you

MS Concept Headlines

No Headlines