Kingdee International Software Group Co (HAM:KDIC) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

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What is Kingdee International Software Group 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. Kingdee International Software Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Kingdee International Software Group Co's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.06). It may suggest that Kingdee International Software Group Co is progressively becoming more dependent on debt to grow their business.

Kingdee International Software Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kingdee International Software Group 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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Kingdee International Software Group Co LT-Debt-to-Total-Asset Chart

Kingdee International Software Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.04

0.06

Kingdee International Software Group Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.04	0.05	0.06

Kingdee International Software Group Co LT-Debt-to-Total-Asset Calculation

Kingdee International Software Group 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 )
	=	102.082	/	1815.866
	=	0.06

Kingdee International Software Group 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 )
	=	102.082	/	1815.866
	=	0.06

Kingdee International Software Group Co (HAM:KDIC) 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.

Kingdee International Software Group Co LT-Debt-to-Total-Asset Related Terms

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Kingdee International Software Group Co (HAM:KDIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kingdee International Software Group Co Ltd (HAM:KDIC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KGDEY:USA KGDEF:USA 00268:Hong Kong KDIC:Germany

Address

Kingdee Software Park, No. 2 Kejinan 12 Road, South District, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN

Website

https://www.kingdee.com

Kingdee International Software Group Co Ltd is an investment holding company engaged in cloud services, including enterprise cloud services, small & micro business finance cloud services, and industry cloud services; and enterprise resource planning business, including development and sales of software products. it has three operating segments; Cloud services business Including enterprise cloud services, small & micro business finance cloud services, and industry cloud services, ERP business and others including sales of software and hardware products, provision of software implementation, software solution consulting, maintenance, upgrade and other supporting services, and others, and Investment Properties operating business include the Operation of investment properties.

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