ZDAOF (Zhidao International (Holdings)) LT-Debt-to-Total-Asset: 0.01 (As of Sep. 2024)

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ZDAOF Zhidao International (Holdings) Ltd ZDAOF
9 GF Score
Price $0.23
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What is Zhidao International (Holdings) LT-Debt-to-Total-Asset?

Zhidao International (Holdings) ZDAOF 9 LT-Debt-to-Total-Asset is 0.01 as of Sep. 2024. GuruFocus rates ZDAOF with a GF Score™ of 9/100.

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. Zhidao International (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Zhidao International (Holdings)'s long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Zhidao International (Holdings) is progressively becoming more dependent on debt to grow their business.

Zhidao International (Holdings)  (OTCPK:ZDAOF) 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.

Zhidao International (Holdings) LT-Debt-to-Total-Asset Related Terms

Zhidao International (Holdings) LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Zhidao International (Holdings)'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.

Zhidao International (Holdings) LT-Debt-to-Total-Asset Chart

Zhidao International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.01

Zhidao International (Holdings) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.02 0.01 0.01 0.01 0.01
ZDAOF
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Zhidao International (Holdings) Ltd ZDAOF
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhidao International (Holdings) LT-Debt-to-Total-Asset Calculation

Zhidao International (Holdings)'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=0.37/39.431
=0.01

Zhidao International (Holdings)'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 )
=0.377/38.258
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Zhidao International (Holdings) (ZDAOF) has a LT-Debt-to-Total-Asset of 0.01 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhidao International (Holdings) and its competitors.
Is Zhidao International (Holdings)'s LT-Debt-to-Total-Asset too high?
Zhidao International (Holdings)'s current LT-Debt-to-Total-Asset is 0.01. Overall, Zhidao International (Holdings) has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Zhidao International (Holdings)'s LT-Debt-to-Total-Asset compare to AA?
Zhidao International (Holdings)'s LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Metals & Mining company?
A good LT-Debt-to-Total-Asset depends on the Metals & Mining industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhidao International (Holdings) and its competitors. Zhidao International (Holdings)'s current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhidao International (Holdings) stock overvalued right now?
Zhidao International (Holdings) (ZDAOF) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Zhidao International (Holdings)'s overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Zhidao International (Holdings) (ZDAOF), the current LT-Debt-to-Total-Asset is 0.01 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhidao International (Holdings) Business Description

Address 302-308 Hennessy Road, Room 2606, 26th Floor, C C Wu Building, Wan Chai, Hong Kong, HKG
Zhidao International (Holdings) Ltd trades and supplies aluminum products. Its segments include trading of aluminum products, construction projects, and money lending. The company generates maximum revenue from the construction projects segment. The construction projects segment includes a supply of aluminum products in construction projects and an extension to the provision of construction and engineering services. Geographically, it derives a majority of its revenue from Macau.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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