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Dingdang Health Technology Group (HKSE:09886) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)


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What is Dingdang Health Technology Group 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. Dingdang Health Technology Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

Dingdang Health Technology Group's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.03). It may suggest that Dingdang Health Technology Group is progressively becoming less dependent on debt to grow their business.


Dingdang Health Technology Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dingdang Health Technology Group'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.

Dingdang Health Technology Group LT-Debt-to-Total-Asset Chart

Dingdang Health Technology Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.11 0.05 0.03 0.03 0.03

Dingdang Health Technology Group Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.03 0.03 0.03 0.03 0.03

Dingdang Health Technology Group LT-Debt-to-Total-Asset Calculation

Dingdang Health Technology Group'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 )
=92.015/3352.179
=0.03

Dingdang Health Technology Group'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 )
=92.015/3352.179
=0.03

* 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.


Dingdang Health Technology Group  (HKSE:09886) 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.


Dingdang Health Technology Group LT-Debt-to-Total-Asset Related Terms

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Dingdang Health Technology Group (HKSE:09886) Business Description

Traded in Other Exchanges
N/A
Address
Dengshikou Street, Building 1, Yard 50, Dongcheng District, Beijing, CHN
Dingdang Health Technology Group Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of pharmaceutical and healthcare business in the PRC. It is transforming and reshaping China's healthcare industry by pioneering on-demand pharmaceutical retail and medical consultation, with online-to-offline solutions.
Executives
Yang Yibin 2201 Interest of corporation controlled by you
Tpg Operating Group Iii, L.p. 2201 Interest of corporation controlled by you
Tpg Inc. 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Zi Ben Guan Li Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Guo Ji Jin Rong You Xian Gong Si 2201 Interest of corporation controlled by you
Zhao Yin Jin Rong Kong Gu Shen Zhen You Xian Gong Si 2201 Interest of corporation controlled by you
Xing Xin You Xian Gong Si
Jian Xing You Xian Gong Si
Zhi Ying Ji Tuan You Xian Gong Si
Jian Fa You Xian Gong Si
Jin Fa You Xian Gong Si
Zhi Sheng Qi Ye You Xian Gong Si
Chuang Ji Tou Zi You Xian Gong Si

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