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Fincera (Fincera) LT-Debt-to-Total-Asset : 0.10 (As of Jun. 2019)


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What is Fincera 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. Fincera's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.10.

Fincera's long-term debt to total assets ratio declined from Jun. 2018 (0.18) to Jun. 2019 (0.10). It may suggest that Fincera is progressively becoming less dependent on debt to grow their business.

Fincera LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fincera'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.

Fincera LT-Debt-to-Total-Asset Chart

Fincera Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.13 0.13 0.12 0.10

Fincera Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.17 0.10 0.11 0.10

Fincera LT-Debt-to-Total-Asset Calculation

Fincera's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )/Total Assets (A: Dec. 2018 )
=73.362/718.255
=0.10

Fincera's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )/Total Assets (Q: Jun. 2019 )
=66.689/689.723
=0.10

* 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.

Fincera  (OTCPK:YUANF) 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.

Fincera LT-Debt-to-Total-Asset Related Terms

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Fincera (Fincera) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fincera Inc (OTCPK:YUANF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
No. 5, East Main Street, 27th Floor, Kai Yuan Center, Hebei, Shijiazhuang, CHN
Website
http://www.fincera.net
Fincera Inc provides web-based financing and e-commerce services for small and medium-sized businesses in China. Its services are small business lending, B2B payment solutions and e-commerce platforms and its products include CeraPay, CeraVest, TrueShip and AutoChekk. The company operates in Internet-based Business, Hotel Business, Office Leasing, and Corporate. The Internet-based Business generates maximum revenue for the company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116