D & O Home Collection Group Co (SZSE:002798) LT-Debt-to-Total-Asset : 0.29 (As of Mar. 2024)

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What is D & O Home Collection 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. D & O Home Collection Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.29.

D & O Home Collection Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.25) to Mar. 2024 (0.29). It may suggest that D & O Home Collection Group Co is progressively becoming more dependent on debt to grow their business.

D & O Home Collection Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for D & O Home Collection 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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D & O Home Collection Group Co LT-Debt-to-Total-Asset Chart

D & O Home Collection Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.16

0.23

0.28

D & O Home Collection Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.26	0.28	0.29

D & O Home Collection Group Co LT-Debt-to-Total-Asset Calculation

D & O Home Collection Group Co'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 )
	=	1812.131	/	6587.607
	=	0.28

D & O Home Collection Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1826.393	/	6374.686
	=	0.29

D & O Home Collection Group Co (SZSE:002798) 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.

D & O Home Collection Group Co LT-Debt-to-Total-Asset Related Terms

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D & O Home Collection Group Co (SZSE:002798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » D & O Home Collection Group Co Ltd (SZSE:002798) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiajia Town Industrial Development Zone, Chengdu, Sichuan Province, East New District, Jianyang, CHN

Website

http://www.monarch-sw.com

D & O Home Collection Group Co Ltd researches and develops, designs, produces, sells, and exports sanitary ware products to China and internationally. The company offers toilets, bathroom cabinets, showers, faucets, hardware pendants, and other sanitary products, as well as suites, bathtubs, sauna and shower rooms, basins, and commercial products.

Executives

Wu Chao Rong	Directors, executives
Cai Jun	Executives
Dai Yu	Secretary Dong
Liu Jin	Director
Wu Zhi Xiong	Directors, executives
Chen Wei	Director
Ding Tong Wen	Directors, executives
Bao Jie Jun	Director
Wu Fei	Executives
Wang Chao	Directors, executives
Xie Zhi Jun	Director

D & O Home Collection Group Co (SZSE:002798) Headlines

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