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SFHG (Samfine Creation Holdings Group) LT-Debt-to-Total-Asset : 0.05 (As of Jun. 2024)


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What is Samfine Creation Holdings Group 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. Samfine Creation Holdings Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.05.

Samfine Creation Holdings Group's long-term debt to total assets ratio declined from Jun. 2023 (0.14) to Jun. 2024 (0.05). It may suggest that Samfine Creation Holdings Group is progressively becoming less dependent on debt to grow their business.

Samfine Creation Holdings Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Samfine Creation Holdings Group'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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Samfine Creation Holdings Group LT-Debt-to-Total-Asset Chart

Samfine Creation Holdings Group Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.19 0.18 0.11

Samfine Creation Holdings Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.18 0.14 0.11 0.05

Samfine Creation Holdings Group LT-Debt-to-Total-Asset Calculation

Samfine Creation Holdings Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=1.486/13.485
=0.11

Samfine Creation Holdings Group'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 )
=0.764/16.346
=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.

Samfine Creation Holdings Group  (NAS:SFHG) 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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Samfine Creation Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Samfine Creation Holdings Group Ltd (NAS:SFHG) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
436-446 Kwun Tong Road, Flat B, 8/F, Block 4, Kwun Tong Industrial Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Website
Samfine Creation Holdings Group Ltd operates through its subsidiaries. It is an established one-stop printing service provider which principally provides printing services in Hong Kong and the PRC. It offers a wide range of printed products such as (i) book products, which mainly include children's books, educational books, art books, notebooks, diaries and journals; and (ii) novelty and packaging products, which mainly include handcraft products, book sets, pop-up books, stationery products, products with assembly parts and other specialized products, shopping bags and package boxes.