Regina Miracle International (Holdings) (HKSE:02199) LT-Debt-to-Total-Asset : 0.45 (As of Sep. 2023)

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What is Regina Miracle International (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. Regina Miracle International (Holdings)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.45.

Regina Miracle International (Holdings)'s long-term debt to total assets ratio increased from Sep. 2022 (0.36) to Sep. 2023 (0.45). It may suggest that Regina Miracle International (Holdings) is progressively becoming more dependent on debt to grow their business.

Regina Miracle International (Holdings) LT-Debt-to-Total-Asset Historical Data

The historical data trend for Regina Miracle International (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.

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Regina Miracle International (Holdings) LT-Debt-to-Total-Asset Chart

Regina Miracle International (Holdings) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.31

0.38

0.37

0.43

Regina Miracle International (Holdings) Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	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														0.41	0.37	0.36	0.43	0.45

Regina Miracle International (Holdings) LT-Debt-to-Total-Asset Calculation

Regina Miracle International (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 )
	=	3737.801	/	8682.29
	=	0.43

Regina Miracle International (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 )
	=	3785.871	/	8472.737
	=	0.45

Regina Miracle International (Holdings) (HKSE:02199) 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.

Regina Miracle International (Holdings) LT-Debt-to-Total-Asset Related Terms

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Regina Miracle International (Holdings) (HKSE:02199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Regina Miracle International (Holdings) Ltd (HKSE:02199) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RMT:Germany

Address

63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG

Website

https://www.reginamiracleholdings.com

Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.

Executives

Regent Marvel Investment Holdings Limited	2101 Beneficial owner
Choy King Ngor	2202 Interest of your spouse
Hung Yau Lit	2201 Interest of corporation controlled by you
King Terrace Limited	2101 Beneficial owner
Hui Ching Lau	2201 Interest of corporation controlled by you
Yiheng Capital, Llc

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