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Oriental Pearl Group Co (SHSE:600637) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)


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What is Oriental Pearl Group Co 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. Oriental Pearl Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Oriental Pearl Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.03). It may suggest that Oriental Pearl Group Co is progressively becoming more dependent on debt to grow their business.

Oriental Pearl Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oriental Pearl Group Co'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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Oriental Pearl Group Co LT-Debt-to-Total-Asset Chart

Oriental Pearl Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.02 0.03

Oriental Pearl Group Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

Oriental Pearl Group Co LT-Debt-to-Total-Asset Calculation

Oriental Pearl Group Co'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 )
=1293.81/44139.985
=0.03

Oriental Pearl Group Co'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 )
=1508.816/44365.035
=0.03

* 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.

Oriental Pearl Group Co  (SHSE:600637) 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.

Oriental Pearl Group Co LT-Debt-to-Total-Asset Related Terms

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Oriental Pearl Group Co (SHSE:600637) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Oriental Pearl Group Co Ltd (SHSE:600637) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:600633 SHSE:603888 SZSE:000681 SZSE:002127 SZSE:300226 SZSE:300494 SZSE:300785 SZSE:300295 SHSE:688004 GOOGL META HKSE:00700 XAMS:PRX TSE:6098 SPOT DASH JSE:NPN BIDU HKSE:01024 PINS
Traded in Other Exchanges
N/A
Address
No.757, Yishan Road, Xuhui District, Shanghai, CHN, 200233
Website
http://www.opg.cn
Oriental Pearl Group Co Ltd operates a media integration and distribution platform in China. The various business units of the company comprise Channel Products Operation, Video Shopping, and E-Commerce, Culture and Entertainment Themed Tourism, Mobile Transmissions and Video Games among others.
Executives
He Xiao Lan senior management
Xu Feng senior management
Xu Hui senior management
Wang Jian Jun Director
Zhang Wei Director
Shi Zhi Yan senior management
Fan Ruo Han senior management
Wang Sheng senior management
Cheng Zhi Chao senior management
Cao Zhi Yong senior management
Xu Qi senior management
Lu Bao Feng senior management
Su Wen Bin senior management
Dai Zhong Wei senior management
Ling Gang Director

Oriental Pearl Group Co (SHSE:600637) Headlines

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