Hoa Phat Group JSC (STC:HPG) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hoa Phat Group JSC 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. Hoa Phat Group JSC's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Hoa Phat Group JSC's long-term debt to total assets ratio increased from Dec. 2023 (0.06) to Dec. 2024 (0.12). It may suggest that Hoa Phat Group JSC is progressively becoming more dependent on debt to grow their business.

Hoa Phat Group JSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hoa Phat Group JSC'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.

* Premium members only.

Hoa Phat Group JSC LT-Debt-to-Total-Asset Chart

Hoa Phat Group JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.13

0.08

0.07

0.06

0.12

Hoa Phat Group JSC 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															0.06	0.08	0.10	0.12	0.12

Hoa Phat Group JSC LT-Debt-to-Total-Asset Calculation

Hoa Phat Group JSC'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 )
	=	27080443.256	/	224439754.917
	=	0.12

Hoa Phat Group JSC'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 )
	=	27080443.256	/	224439754.917
	=	0.12

Hoa Phat Group JSC (STC:HPG) 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.

Hoa Phat Group JSC LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hoa Phat Group JSC's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hoa Phat Group JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hoa Phat Group JSC (STC:HPG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Nguyen Du, P. Nguyen Du, Hai Ba Trung District, Hanoi, VNM

Website

http://www.hoaphat.com.vn

Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.

Hoa Phat Group JSC Headlines

No Headlines