Flowing Cloud Technology (HKSE:06610) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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

What is Flowing Cloud Technology 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. Flowing Cloud Technology's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Flowing Cloud Technology's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Flowing Cloud Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Flowing Cloud Technology'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.

Flowing Cloud Technology LT-Debt-to-Total-Asset Chart

Flowing Cloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Flowing Cloud Technology Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.01	-	-	-	-

Flowing Cloud Technology LT-Debt-to-Total-Asset Calculation

Flowing Cloud Technology'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 )
	=	0.984	/	1882.693
	=	0.00

Flowing Cloud Technology'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 )
	=	0.984	/	1882.693
	=	0.00

Flowing Cloud Technology (HKSE:06610) 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.

Flowing Cloud Technology LT-Debt-to-Total-Asset Related Terms

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

Flowing Cloud Technology (HKSE:06610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flowing Cloud Technology Ltd (HKSE:06610) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangqulu No. 3, Shop 8, Jingyuan Art Center, Chaoyang District, Beijing, CHN

Website

https://www.flowingcloud.com

Flowing Cloud Technology Ltd is a supplier of the Metaverse scene application tier in China. It is a leading smart marketing technology service provider in China. It uses AR/VR engine, AI behavior algorithm, cloud computing and other technical capabilities to empower the business development of enterprises in various vertical industries such as e-commerce, education, and cultural tourism.

Flowing Cloud Technology (HKSE:06610) Headlines

No Headlines