TMSR Holding Co (TMSR Holding Co) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

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What is TMSR Holding 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. TMSR Holding Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

TMSR Holding Co's long-term debt to total assets ratio increased from Dec. 2022 (0.00) to Dec. 2023 (0.09). It may suggest that TMSR Holding Co is progressively becoming more dependent on debt to grow their business.

TMSR Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for TMSR Holding 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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TMSR Holding Co LT-Debt-to-Total-Asset Chart

TMSR Holding Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

TMSR Holding Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.10	0.09

TMSR Holding Co LT-Debt-to-Total-Asset Calculation

TMSR Holding 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 )
	=	1.318	/	14.21
	=

TMSR Holding Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	1.318	/	14.21
	=	0.09

TMSR Holding Co (NAS:WYIGU) 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.

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TMSR Holding Co (TMSR Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TMSR Holding Co Ltd (NAS:WYIGU) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

GDC:USA

Address

No.165-171 Wan Chai Road, Flat 1512, 15th Floor, Lucky Centre,, Wan Chai, HKG, 610047

Website

http://www.ccnctech.com

GD Culture Group Ltd is a holding company with no material operations of its own. It conducts business through Shanghai Highlight Media Co. Ltd. Highlight Media, is an integrated marketing service agency, focusing on serving businesses in China in connection with brand management, image building, public relations, social media management and event planning.