Financial Street Holding Co (SZSE:000402) LT-Debt-to-Total-Asset : 0.49 (As of Mar. 2024)

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What is Financial Street Holding 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. Financial Street Holding Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.49.

Financial Street Holding Co's long-term debt to total assets ratio increased from Mar. 2023 (0.47) to Mar. 2024 (0.49). It may suggest that Financial Street Holding Co is progressively becoming more dependent on debt to grow their business.

Financial Street Holding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Financial Street Holding 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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Financial Street Holding Co LT-Debt-to-Total-Asset Chart

Financial Street Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.42

0.43

0.41

0.42

0.49

Financial Street Holding 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															0.47	0.44	0.44	0.49	0.49

Financial Street Holding Co LT-Debt-to-Total-Asset Calculation

Financial Street Holding 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 )
	=	70653.493	/	144371.853
	=	0.49

Financial Street Holding 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 )
	=	68743.655	/	140342.382
	=	0.49

Financial Street Holding Co (SZSE:000402) 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.

Financial Street Holding Co LT-Debt-to-Total-Asset Related Terms

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Financial Street Holding Co (SZSE:000402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Financial Street Holding Co Ltd (SZSE:000402) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 1 Jinchengfang Street, Block D, Financial Street Apartment, Xicheng District, Beijing, Beijing, CHN, 100033

Website

http://www.jrjkg.com.cn

Financial Street Holding Co Ltd is a China-based company, engages in the development, operation, and distribution of real estate. It focuses on commercial and residential real estate. It provides equity investment and asset management services such as tourism, vacation, retirement, technology, finance, and innovation.

Executives

Zhao Peng	Director
Gao Jing	Director
Lu Dong Liang	Supervisors
Fu Ying Jie	Executives
Sheng Hua Ping	Executives
Bai Li	Director
Li Liang	Executives
Li Qian	Supervisors
Zhang Xiao Peng	Directors, executives
Wang Zhi Gang	Executives
Lv Hong Bin	Directors, executives
Zhang Mei Hua	Executives
Yang Xuan	Executives
Zhao Ze Hui	Director
Shang Guan Qing	Director

Financial Street Holding Co (SZSE:000402) Headlines

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