WLS Holdings (HKSE:08021) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2023)

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What is WLS 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. WLS Holdings's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

WLS Holdings's long-term debt to total assets ratio declined from Oct. 2022 (0.01) to Oct. 2023 (0.00). It may suggest that WLS Holdings is progressively becoming less dependent on debt to grow their business.

WLS Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for WLS 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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WLS Holdings LT-Debt-to-Total-Asset Chart

WLS Holdings Annual Data

Trend

Apr14

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Apr16

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Apr20

Apr21

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Apr23

LT-Debt-to-Total-Asset

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0.01

WLS Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.01	-	-

WLS Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2023 )	/	Total Assets (A: Apr. 2023 )
	=	3.911	/	575.605
	=	0.01

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

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	0.522	/	577.97
	=	0.00

WLS Holdings (HKSE:08021) 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.

WLS Holdings LT-Debt-to-Total-Asset Related Terms

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WLS Holdings (HKSE:08021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WLS Holdings Ltd (HKSE:08021) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.11 Yip Hing Street, Rooms 1001-1006, 10th Floor, Tower A, Southmark, Wong Chuk Hang, Aberdeen, Hong Kong, HKG

Website

http://www.wls.com.hk

WLS Holdings Ltd is a Hong Kong-based company engaged in providing construction services. It operates through the segments of Scaffolding, fitting out, and other auxiliary services for construction and building work, Money lending business, and Securities investment business. The group generates a majority of the revenue from the Scaffolding services segment Geographically, the company carries its business operations in Hong Kong.

Executives

Chong Man San Denise
Leung Wai Ho

WLS Holdings (HKSE:08021) Headlines

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