Fu-Wang Ceramic Industry (DHA:FUWANGCER) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Fu-Wang Ceramic Industry 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. Fu-Wang Ceramic Industry's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Fu-Wang Ceramic Industry's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.07). It may suggest that Fu-Wang Ceramic Industry is progressively becoming more dependent on debt to grow their business.

Fu-Wang Ceramic Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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.

Fu-Wang Ceramic Industry LT-Debt-to-Total-Asset Chart

Fu-Wang Ceramic Industry Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.08

0.06

Fu-Wang Ceramic Industry 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															0.07	0.06	0.06	0.06	0.07

Fu-Wang Ceramic Industry LT-Debt-to-Total-Asset Calculation

Fu-Wang Ceramic Industry's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	578.64	/	9290.44
	=	0.06

Fu-Wang Ceramic Industry'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 )
	=	536.523	/	7239.396
	=	0.07

Fu-Wang Ceramic Industry (DHA:FUWANGCER) 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.

Fu-Wang Ceramic Industry LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Fu-Wang Ceramic Industry's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fu-Wang Ceramic Industry Ltd (DHA:FUWANGCER) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212

Website

https://www.fuwangceramic.com

Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

No Headlines