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NWRDY (New World China Land) LT-Debt-to-Total-Asset : 0.30 (As of Dec. 2015)


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What is New World China Land 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. New World China Land's long-term debt to total assests ratio for the quarter that ended in Dec. 2015 was 0.30.

New World China Land's long-term debt to total assets ratio increased from Dec. 2014 (0.23) to Dec. 2015 (0.30). It may suggest that New World China Land is progressively becoming more dependent on debt to grow their business.


New World China Land LT-Debt-to-Total-Asset Historical Data

The historical data trend for New World China Land'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.

New World China Land LT-Debt-to-Total-Asset Chart

New World China Land Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.23 0.26 0.21 0.26

New World China Land Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.21 0.23 0.26 0.30

New World China Land LT-Debt-to-Total-Asset Calculation

New World China Land's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (A: Jun. 2015 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2015 )/Total Assets (A: Jun. 2015 )
=4435.612/17339.225
=0.26

New World China Land's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

LT Debt to Total Assets (Q: Dec. 2015 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2015 )/Total Assets (Q: Dec. 2015 )
=5443.672/18162.651
=0.30

* 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.


New World China Land  (OTCPK:NWRDY) 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.


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New World China Land Business Description

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New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

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