China Bohai Bank Co (HKSE:09668) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)

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What is China Bohai Bank 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. China Bohai Bank Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

China Bohai Bank Co's long-term debt to total assets ratio declined from Dec. 2022 (0.17) to Dec. 2023 (0.16). It may suggest that China Bohai Bank Co is progressively becoming less dependent on debt to grow their business.

China Bohai Bank Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Bohai Bank 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.

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China Bohai Bank Co LT-Debt-to-Total-Asset Chart

China Bohai Bank Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.18

0.17

0.16

0.17

0.16

China Bohai Bank Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.16	0.16	0.17	0.16	0.16

China Bohai Bank Co LT-Debt-to-Total-Asset Calculation

China Bohai Bank Co'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 )
	=	297550.466	/	1895227.684
	=	0.16

China Bohai Bank Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	297550.466	/	1895227.684
	=	0.16

China Bohai Bank Co (HKSE:09668) 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.

China Bohai Bank Co LT-Debt-to-Total-Asset Related Terms

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China Bohai Bank Co (HKSE:09668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » China Bohai Bank Co Ltd (HKSE:09668) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 218 Haihe East Road, Hedong District, Tianjin, CHN, 300012

Website

https://www.cbhb.com.cn

China Bohai Bank Co Ltd offers banking services. Its operating segments are Corporate Banking, Retail Banking, Financial market business, and others. The company generates its revenue from the Corporate banking segment, which offers products and services such as corporate loans, advances, trade financing, deposit-taking activities, agency services, wealth management services, and other services. The Retail segment includes services such as personal loans, deposit-taking activities, personal wealth management services, and remittance services. The Financial market business includes inter-bank money market transactions, repurchase transactions, and investments. Geographically, the bank operates only in China.

Executives

Shandong Gold Financial Holdings Group (hongkong) Co., Limited	2101 Beneficial owner
Standard Chartered Plc
Standard Chartered Bank (hong Kong) Limited	2101 Beneficial owner
Yi Chang Dong Yang Guang Jian Kang Yao Ye You Xian Gong Si

China Bohai Bank Co (HKSE:09668) Headlines

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