Henderson Far Eastome (LSE:HFEL) LT-Debt-to-Total-Asset : 0.09 (As of Feb. 2024)

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What is Henderson Far Eastome 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. Henderson Far Eastome's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.09.

Henderson Far Eastome's long-term debt to total assets ratio increased from Feb. 2023 (0.08) to Feb. 2024 (0.09). It may suggest that Henderson Far Eastome is progressively becoming more dependent on debt to grow their business.

Henderson Far Eastome LT-Debt-to-Total-Asset Historical Data

The historical data trend for Henderson Far Eastome'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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Henderson Far Eastome LT-Debt-to-Total-Asset Chart

Henderson Far Eastome Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.03

0.02

0.05

0.04

0.07

Henderson Far Eastome Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.04	0.08	0.07	0.09

Henderson Far Eastome LT-Debt-to-Total-Asset Calculation

Henderson Far Eastome's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	28.191	/	393.398
	=	0.07

Henderson Far Eastome's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	35.575	/	412.863
	=	0.09

Henderson Far Eastome (LSE:HFEL) 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.

Henderson Far Eastome LT-Debt-to-Total-Asset Related Terms

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Henderson Far Eastome (LSE:HFEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henderson Far East Income Ltd (LSE:HFEL) » Definitions » LT-Debt-to-Total-Asset

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HFELl:UK

Address

201 Bishopsgate, London, GBR, EC2M 3AE

Website

http://www.hendersonfareastincome.com

Henderson Far East Income Ltd is a closed end investment company. Its investment objective is to provide investors with a high level of dividends as well as capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese, and Indian stock markets. The company mainly invests in listed equities including preference shares, debt, convertible securities, warrants and other equity related securities as well as in unlisted securities which invest in collective investment schemes. It may use derivatives and other instruments to enhance income and to protect the value of the portfolio. The company's majority of its revenue comprises interest income and dividend income earned from an investment portfolio.

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