Metro Land (SHSE:600683) LT-Debt-to-Total-Asset : 0.50 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Metro Land 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. Metro Land's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.50.

Metro Land's long-term debt to total assets ratio increased from Mar. 2023 (0.45) to Mar. 2024 (0.50). It may suggest that Metro Land is progressively becoming more dependent on debt to grow their business.

Metro Land LT-Debt-to-Total-Asset Historical Data

The historical data trend for Metro Land'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.

Metro Land LT-Debt-to-Total-Asset Chart

Metro Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.45

0.50

0.32

0.42

0.55

Metro Land 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															0.45	0.52	0.49	0.55	0.50

Metro Land LT-Debt-to-Total-Asset Calculation

Metro Land'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 )
	=	32813.727	/	59548.452
	=	0.55

Metro Land'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 )
	=	29690.189	/	59893.069
	=	0.50

Metro Land (SHSE:600683) 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.

Metro Land LT-Debt-to-Total-Asset Related Terms

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

Metro Land (SHSE:600683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metro Land Corp Ltd (SHSE:600683) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022

Website

http://www.600683.com

Metro Land Corp Ltd is a real estate company.

Executives

Cheng Shao Liang	Director
Yang Da Yong	Director

Metro Land (SHSE:600683) Headlines

No Headlines