Guangzhou Restaurant Group Co (SHSE:603043) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Guangzhou Restaurant Group Co 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. Guangzhou Restaurant Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Guangzhou Restaurant Group Co's long-term debt to total assets ratio declined from Dec. 2023 (0.09) to Dec. 2024 (0.06). It may suggest that Guangzhou Restaurant Group Co is progressively becoming less dependent on debt to grow their business.

Guangzhou Restaurant Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangzhou Restaurant Group Co'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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Guangzhou Restaurant Group Co LT-Debt-to-Total-Asset Chart

Guangzhou Restaurant Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.08

0.11

0.09

0.06

Guangzhou Restaurant Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.09	0.06

Guangzhou Restaurant Group Co LT-Debt-to-Total-Asset Calculation

Guangzhou Restaurant Group Co'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 )
	=	369.105	/	6489.156
	=	0.06

Guangzhou Restaurant Group Co'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 )
	=	369.105	/	6489.156
	=	0.06

Guangzhou Restaurant Group Co (SHSE:603043) 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.

Guangzhou Restaurant Group Co LT-Debt-to-Total-Asset Related Terms

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Guangzhou Restaurant Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Guangzhou Restaurant Group Co Ltd (SHSE:603043) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Floor, Office Building, Ximenkou Square, No. 50, Zhongshan Road, Liwan District, Guangdong Province, Guangzhou City, CHN, 510170

Website

http://www.gzr.com.cn

Guangzhou Restaurant Group Co Ltd is a catering service and food production company. Its catering brands include Guangzhou Restaurant, Tianji and Westernland, Good and tangible, food brand Likoufu and Autumn Wind, with Guangzhou restaurant and food restaurants, Western-style Western-style light meals, good and tangible fusion restaurant, large food processing base and more than 160 Home food chain cake house.

Executives

Pan Jian Guo	senior management
Lu Jia	senior management
Chen Yang	senior management

Guangzhou Restaurant Group Co Headlines

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