GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Junee Ltd (NAS:JUNE) » Definitions » LT-Debt-to-Total-Asset

Junee (JUNE) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Junee 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. Junee's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Junee's long-term debt to total assets ratio declined from Jun. 2023 (0.10) to Jun. 2024 (0.01). It may suggest that Junee is progressively becoming less dependent on debt to grow their business.

Junee LT-Debt-to-Total-Asset Historical Data

The historical data trend for Junee'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.

Junee LT-Debt-to-Total-Asset Chart

Junee Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
- 0.12 0.13 0.10 0.01

Junee Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.13 0.10 0.10 0.09 0.01

Junee LT-Debt-to-Total-Asset Calculation

Junee's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=0.088/8.006
=0.01

Junee's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.088/8.006
=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.

Junee  (NAS:JUNE) 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.

Junee LT-Debt-to-Total-Asset Related Terms

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

Junee Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Junee Ltd (NAS:JUNE) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
MIMI VATE BLNK ESOA RITR SLND SHIM MSW ONEG ORN XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP SHSE:601390 HKSE:01800 EME XPAR:EN J
Traded in Other Exchanges
N/A
Address
3791 Jalan Bukit Merah, No. 9-03 E-Centre at Redhill, Singapore, SGP, 159471
Website
https://www.ops-int.com.hk
Junee Ltd is a holding company that operates through its subsidiary. It is engaged in providing design, fit-out, repair, and maintenance services for commercial and residential buildings. The design services include both the consultation with its staff and the actual design work. Fit-out works include installing protective materials to cover floors or walls, installing or constructing partition walls, installing switches, power outlets, telephone wiring, computer outlet covers, and other electrical and wiring works. Repair and maintenance works include, among other things, replacement of fixtures and fittings, repair and maintenance of cupboards and shelves, and repainting walls and ceilings. Geographically, the company derives all of its revenue from its customers in Hong Kong.