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Yuexiu Property Co (HKSE:00123) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2023)


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What is Yuexiu Property 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. Yuexiu Property Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.20.

Yuexiu Property Co's long-term debt to total assets ratio declined from Dec. 2022 (0.21) to Dec. 2023 (0.20). It may suggest that Yuexiu Property Co is progressively becoming less dependent on debt to grow their business.


Yuexiu Property Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yuexiu Property 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.

* Premium members only.

Yuexiu Property Co LT-Debt-to-Total-Asset Chart

Yuexiu Property Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.20 0.15 0.21 0.20

Yuexiu Property 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 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 0.15 0.18 0.21 0.23 0.20

Yuexiu Property Co LT-Debt-to-Total-Asset Calculation

Yuexiu Property 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 )
=89705.794/438800.822
=0.20

Yuexiu Property 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 )
=89705.794/438800.822
=0.20

* 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.


Yuexiu Property Co  (HKSE:00123) 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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Yuexiu Property Co (HKSE:00123) Business Description

Traded in Other Exchanges
Address
160-174 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Property Co Ltd is engaged in the real estate sector. Most of the company's activities are focused on property development. Its business is broadly classified into the Property Development, Property Management, Property Investment, and Others segments. The Property Development segment contributes the majority of the revenue. The Property Investment segment is engaged in the leasing of properties and the Property Management segment is engaged in the provision of property management services. Other segment derive revenue from real estate agencies and decoration services.
Executives
Yue Xiu Enterprises (holdings) Limited 2201 Interest of corporation controlled by you
Bosworth International Limited 2101 Beneficial owner
Guang Zhou Yue Xiu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Di Tie Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

Yuexiu Property Co (HKSE:00123) Headlines

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