Hla Group (SHSE:600398) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Hla 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. Hla Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Hla Group's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.02). It may suggest that Hla Group is progressively becoming less dependent on debt to grow their business.

Hla Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hla 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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Hla Group LT-Debt-to-Total-Asset Chart

Hla Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.10

0.11

0.02

Hla Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	0.02	0.02

Hla Group LT-Debt-to-Total-Asset Calculation

Hla Group'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 )
	=	653.279	/	33712.842
	=	0.02

Hla Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	747.824	/	33824.958
	=	0.02

Hla Group (SHSE:600398) 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.

Hla Group LT-Debt-to-Total-Asset Related Terms

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Hla Group (SHSE:600398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hla Group Corp Ltd (SHSE:600398) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heilan Industrial Park, Xinqiao Town, Jiangsu Province, Jiangyin, CHN, 214426

Website

http://www.hla.com

Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company has clothing brands such as Heilan Home, Eichitoo, and Sancanal. The company offers men's clothing, women's clothing, and accessories.

Executives

Zhou Li Chen	Director
Zhao Fang Wei	Director
Qian Ya Ping	Director
Xu Qing Hua	Director
Gu Dong Sheng	Director
Zhou Jian Ping	Director

Hla Group (SHSE:600398) Headlines

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