China Conch Environment Protection Holdings (HKSE:00587) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is China Conch Environment Protection Holdings 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. China Conch Environment Protection Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.32.

China Conch Environment Protection Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.37) to Dec. 2023 (0.32). It may suggest that China Conch Environment Protection Holdings is progressively becoming less dependent on debt to grow their business.

China Conch Environment Protection Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Conch Environment Protection 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.

* Premium members only.

China Conch Environment Protection Holdings LT-Debt-to-Total-Asset Chart

China Conch Environment Protection Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.07

0.21

0.32

0.37

0.32

China Conch Environment Protection Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.32	0.36	0.37	0.37	0.32

China Conch Environment Protection Holdings LT-Debt-to-Total-Asset Calculation

China Conch Environment Protection Holdings'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 )
	=	3267.708	/	10294.94
	=	0.32

China Conch Environment Protection Holdings'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 )
	=	3267.708	/	10294.94
	=	0.32

China Conch Environment Protection Holdings (HKSE:00587) 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.

China Conch Environment Protection Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of China Conch Environment Protection Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Conch Environment Protection Holdings (HKSE:00587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Conch Environment Protection Holdings Ltd (HKSE:00587) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1005, South Jiuhua Road, Yijiang District, Anhui Province, Wuhu Conch International Conference Center, Wuhu, CHN, 241070

Website

https://www.conchenviro.com

China Conch Environment Protection Holdings Ltd is an energy conservation and environmental protection enterprise focusing on providing eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. It had secured around 100 environmental protection projects in various provinces, municipalities, and regions nationwide. The group has three segments: industrial hazardous waste treatment services, industrial solid waste treatment services and comprehensive resource utilization.

Executives

Wang Jingqian	2103 Interests held jointly with another person
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si	2103 Interests held jointly with another person
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Han Zhuhua	2103 Interests held jointly with another person
Zhou Xiaochuan	2103 Interests held jointly with another person
Yan Zi	2103 Interests held jointly with another person
Qi Shengli	2103 Interests held jointly with another person
Ma Wei	2103 Interests held jointly with another person
Liao Dan	2202 Interest of your spouse
Li Xiaobo	2103 Interests held jointly with another person
Li Qunfeng	2103 Interests held jointly with another person
Ji Xian	2103 Interests held jointly with another person
Guo Dan	2103 Interests held jointly with another person

China Conch Environment Protection Holdings (HKSE:00587) Headlines

No Headlines