Accel Group Holdings (HKSE:01283) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Accel Group 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. Accel Group Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Accel Group Holdings's long-term debt to total assets ratio increased from Sep. 2022 (0.01) to Sep. 2023 (0.01). It may suggest that Accel Group Holdings is progressively becoming more dependent on debt to grow their business.

Accel Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Accel Group 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.

Accel Group Holdings LT-Debt-to-Total-Asset Chart

Accel Group Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.02

Accel Group Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	0.01	0.02	0.01

Accel Group Holdings LT-Debt-to-Total-Asset Calculation

Accel Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	8.277	/	552.001
	=	0.01

Accel Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	7.734	/	556.352
	=	0.01

Accel Group Holdings (HKSE:01283) 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.

Accel Group Holdings LT-Debt-to-Total-Asset Related Terms

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

Accel Group Holdings (HKSE:01283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Accel Group Holdings Ltd (HKSE:01283) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit A, 19/F TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.chittathk.com

Accel Group Holdings Ltd is an electrical and mechanical (E&M) engineering services provider. The company's main business is to install E&M facilities for various developers, including the installation of an air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. Geographically, it derives revenue from Hong Kong.

Executives

Lightspeed Limited	2101 Beneficial owner
Cheung Mei Lan	2202 Interest of your spouse
Ko Lai Hung	2101 Beneficial owner

Accel Group Holdings (HKSE:01283) Headlines

No Headlines