CHC Healthcare Group (TPE:4164) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

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What is CHC Healthcare Group 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. CHC Healthcare Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

CHC Healthcare Group's long-term debt to total assets ratio declined from Sep. 2023 (0.33) to Sep. 2024 (0.24). It may suggest that CHC Healthcare Group is progressively becoming less dependent on debt to grow their business.

CHC Healthcare Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for CHC Healthcare Group'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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CHC Healthcare Group LT-Debt-to-Total-Asset Chart

CHC Healthcare Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.33

0.32

0.36

0.34

CHC Healthcare Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.34	0.33	0.34	0.24

CHC Healthcare Group LT-Debt-to-Total-Asset Calculation

CHC Healthcare Group'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 )
	=	4591.589	/	13613.427
	=	0.34

CHC Healthcare Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	3282.587	/	13542.195
	=	0.24

CHC Healthcare Group (TPE:4164) 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.

CHC Healthcare Group LT-Debt-to-Total-Asset Related Terms

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CHC Healthcare Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » CHC Healthcare Group (TPE:4164) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 88, Xing’ai Road, Neihu District, Taipei, TWN, 114067

Website

https://www.chcg.com

CHC Healthcare Group is a Taiwan-based company engaged in the trading of pharmaceutical products and the sale, leasing, installation, and repair of medical instruments. It is engaged in the distribution of radiotherapy equipment, including equipment that is used in the treatment of radiation oncology, ophthalmology, dentistry, and neuroscience. It also provides medical equipment consulting for hospitals and clinics. It earns revenues from the sale of drugs, sale of medical instruments, repairs maintenance, and other services.

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