PFSMF (Perfect Medical Health Management) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Perfect Medical Health Management 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. Perfect Medical Health Management's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Perfect Medical Health Management's long-term debt to total assets ratio increased from Sep. 2023 (0.09) to Sep. 2024 (0.13). It may suggest that Perfect Medical Health Management is progressively becoming more dependent on debt to grow their business.

Perfect Medical Health Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for Perfect Medical Health Management'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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Perfect Medical Health Management LT-Debt-to-Total-Asset Chart

Perfect Medical Health Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.12

0.11

0.14

0.10

0.14

Perfect Medical Health Management Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.09	0.14	0.13

Perfect Medical Health Management LT-Debt-to-Total-Asset Calculation

Perfect Medical Health Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	21.943	/	156.182
	=	0.14

Perfect Medical Health Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	18.289	/	138.22
	=	0.13

Perfect Medical Health Management (OTCPK:PFSMF) 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.

Perfect Medical Health Management LT-Debt-to-Total-Asset Related Terms

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Perfect Medical Health Management Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Perfect Medical Health Management Ltd (OTCPK:PFSMF) » Definitions » LT-Debt-to-Total-Asset

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01830:Hong Kong

Address

8 Argyle Street, 51th Floor, Langham Place Office Tower, Mong Kok, Kowloon, Hong Kong, HKG

Website

https://www.perfectmedical.com

Perfect Medical Health Management Ltd is an investment holding company. Through its subsidiaries, it is engaged in the provision of healthcare and medical beauty services. It offers services such as pain management, hair growth, sleep therapy treatments, fertility care, preventive care, and others. Geographically, the company generates a majority of its revenue from Hong Kong and the rest from regions outside Hong Kong such as the People's Republic of China, Macau, Australia, and Singapore.

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