Polyfair Holdings (HKSE:08532) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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

What is Polyfair 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. Polyfair Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Polyfair Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Sep. 2024 (0.00). It may suggest that Polyfair Holdings is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Polyfair 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.

* Premium members only.

Polyfair Holdings LT-Debt-to-Total-Asset Chart

Polyfair Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

Polyfair Holdings 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															0.02	-	0.07	-	-

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

Polyfair Holdings'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 )
	=	0.6	/	376.613
	=	0.00

Polyfair Holdings'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	/	351.001
	=

Polyfair Holdings (HKSE:08532) 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.

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

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

Polyfair Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Polyfair Holdings Ltd (HKSE:08532) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 King's Road, Unit 1206-07, 12th Floor, Fortress Tower, North Point, Hong Kong, HKG

Website

https://www.polyfaircurtainwall.com.hk

Polyfair Holdings Ltd is engaged in the provision of construction contract work. The company is also involved in offering facade and curtain wall works solutions in Hong Kong. It renders solutions covering design and project management services. The design services consist of developing plans, conducting structural calculations, and preparing shop drawings. Its project management services generally include sourcing and procuring building materials, arranging for building material logistics and installation works, on-site project management, and post-project completion services. In addition, its work mainly applies to commercial buildings and residential buildings. The group derives its revenue from Hong Kong.

Executives

C.n.y. Holdings Limited
Chow Mo Lam
Hau Pak Sui

Polyfair Holdings Headlines

No Headlines