Trendzon Holdings Group (HKSE:01865) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2023)

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What is Trendzon Holdings Group 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. Trendzon Holdings Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.18.

Trendzon Holdings Group's long-term debt to total assets ratio declined from Sep. 2022 (0.23) to Sep. 2023 (0.18). It may suggest that Trendzon Holdings Group is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Trendzon Holdings Group'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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Trendzon Holdings Group LT-Debt-to-Total-Asset Chart

Trendzon Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.02

0.01

0.16

0.26

0.16

Trendzon Holdings Group Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.16	0.26	0.23	0.16	0.18

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

Trendzon Holdings Group'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 )
	=	112.323	/	704.673
	=	0.16

Trendzon Holdings Group'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 )
	=	124.819	/	711.414
	=	0.18

Trendzon Holdings Group (HKSE:01865) 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.

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

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Trendzon Holdings Group (HKSE:01865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trendzon Holdings Group Ltd (HKSE:01865) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gateway, Suite 2108, Prudential Tower, Harbour City, Hong Kong, HKG, 758110

Website

https://www.trendzon1865.com

Trendzon Holdings Group Ltd is an investment holding company. It is engaged in the provision of infrastructural pipeline construction and related engineering services mainly to private and public utilities companies in the gas, water, telecommunications, and power industries, trading of building materials, brokerage, placing and margin financing services. The company's operating segment includes Construction services, Brokerage, placing and margin financing services, and Trading of building materials. It generates maximum revenue from the Construction contracts segment. Geographically, it derives a majority of its revenue from Singapore.

Executives

Zhang Jiancheng	2201 Interest of corporation controlled by you
Zhong Bei Zi Ben You Xian Gong Si	2101 Beneficial owner
Shang Hai He Ri Tou Zi You Xian Gong Si	2101 Beneficial owner

Trendzon Holdings Group (HKSE:01865) Headlines

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