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Hywin Holdings (Hywin Holdings) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2022)


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What is Hywin 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. Hywin Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.05.

Hywin Holdings's long-term debt to total assets ratio increased from Dec. 2021 (0.00) to Dec. 2022 (0.05). It may suggest that Hywin Holdings is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Hywin 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.

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

Hywin Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - - - - 0.04

Hywin Holdings Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.04

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

Hywin Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=14.037/331.428
=0.04

Hywin Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )/Total Assets (Q: Dec. 2022 )
=17.209/321.108
=0.05

* 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.


Hywin Holdings  (NAS:HYW) 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.


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

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Hywin Holdings (Hywin Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120
Hywin Holdings Ltd is a wealth management service provider in China. It primarily provide wealth management services, insurance brokerage services, asset management services and other services to clients.