Trans-China Automotive Holdings (SGX:VI2) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

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What is Trans-China Automotive Holdings 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. Trans-China Automotive Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Trans-China Automotive Holdings's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.14). It may suggest that Trans-China Automotive Holdings is progressively becoming less dependent on debt to grow their business.

Trans-China Automotive Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trans-China Automotive Holdings'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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Trans-China Automotive Holdings LT-Debt-to-Total-Asset Chart

Trans-China Automotive Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.12

0.14

Trans-China Automotive Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.12	0.16	0.14	0.16	0.14

Trans-China Automotive Holdings LT-Debt-to-Total-Asset Calculation

Trans-China Automotive Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	37.052	/	269.92
	=	0.14

Trans-China Automotive Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	37.052	/	269.92
	=	0.14

Trans-China Automotive Holdings (SGX:VI2) 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.

Trans-China Automotive Holdings LT-Debt-to-Total-Asset Related Terms

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Trans-China Automotive Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Trans-China Automotive Holdings Ltd (SGX:VI2) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3002, 30/F, 88 Hing Fat Street, Causeway Bay, Hong Kong, HKG

Website

https://www.tca-auto.com

Trans-China Automotive Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the business of automobile dealerships in the premium market segment in the People's Republic of China (PRC), which mainly includes sales of new automobiles, provision of after-sales services including maintenance and repair services; and automobile agency services including related registration and insurance services. It derives maximum revenue from Sales of automobiles.

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