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Tuhu Car (HKSE:09690) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2024)


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What is Tuhu Car 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. Tuhu Car's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.02.

Tuhu Car's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.02). It may suggest that Tuhu Car is progressively becoming less dependent on debt to grow their business.


Tuhu Car LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tuhu Car'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.

Tuhu Car LT-Debt-to-Total-Asset Chart

Tuhu Car Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.03 0.03 0.02 0.02 0.02

Tuhu Car Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.02 0.03 0.02 0.02 0.02

Tuhu Car LT-Debt-to-Total-Asset Calculation

Tuhu Car'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 )
=198.148/13663.255
=0.01

Tuhu Car'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 )
=198.148/13663.255
=0.01

* 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.


Tuhu Car  (HKSE:09690) 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.


Tuhu Car LT-Debt-to-Total-Asset Related Terms

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Tuhu Car Business Description

Traded in Other Exchanges
N/A
Address
1999 Yishan Road, 8th Floor Building 24, Minhang, Shanghai, CHN
Tuhu Car Inc is one of the leading integrated online and offline platforms for automotive service in China. By providing a digitalized and on-demand service experience underpinned by its customer-centric model and streamlined supply chain, the company directly addresses car owners' diverse product and service needs, creating an automotive service platform consisting of car owners, suppliers, automotive service stores and other participants. Its platform serves most of the passenger vehicle models sold in China, fulfilling a wide spectrum of automotive service demands ranging from tires and chassis parts replacement to auto maintenance, repair, detailing, and more.
Executives
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Chen Min 2501 Other
Nholresi Investment Limited 2101 Beneficial owner
Ilnewgnay Investment Limited 2201 Interest of corporation controlled by you
The Goldman Sachs Group, Inc. 2201 Interest of corporation controlled by you
Max Hope Limited
Ningbo Hongshan Binsheng Equity Investment Partnership (limited Partnership)
Ningbo Meishan Free Trade Port Hongshan Huanjia Investment Management Limited
Zhou Kui
Joy Capital Gp, Ltd 2201 Interest of corporation controlled by you
Fountainvest China Capital Partners Fund Iii, L.p.
Fountainvest China Capital Partners Gp3 Ltd.

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