Haitian Water Group Co (SHSE:603759) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is Haitian Water 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. Haitian Water Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

Haitian Water Group Co's long-term debt to total assets ratio increased from Dec. 2023 (0.26) to Dec. 2024 (0.26). It may suggest that Haitian Water Group Co is progressively becoming more dependent on debt to grow their business.

Haitian Water Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haitian Water 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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Haitian Water Group Co LT-Debt-to-Total-Asset Chart

Haitian Water Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.38

0.30

0.27

0.26

Haitian Water 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															0.26	0.28	0.28	0.30	0.26

Haitian Water Group Co LT-Debt-to-Total-Asset Calculation

Haitian Water 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 )
	=	1710.725	/	6612.425
	=	0.26

Haitian Water 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 )
	=	1710.725	/	6612.425
	=	0.26

Haitian Water Group Co (SHSE:603759) 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.

Haitian Water Group Co LT-Debt-to-Total-Asset Related Terms

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Haitian Water Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Haitian Water Group Co Ltd (SHSE:603759) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 57, Community Zheng Street, Xinglong Street, No. 10, Unit 1, Building 1, Tianfu New District, Sichuan Province, Chengdu, CHN, 610000

Website

http://www.haitianshuiwu.com

Haitian Water Group Co Ltd is an integrated environmental service operator whose main business is water supply and sewage treatment.

Executives

Li Yong	Director
Fei Gong Quan	Director

Haitian Water Group Co Headlines

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