Meinian Onehealth Healthcare Holdings Co (SZSE:002044) LT-Debt-to-Total-Asset : 0.14 (As of Mar. 2024)

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What is Meinian Onehealth Healthcare Holdings 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. Meinian Onehealth Healthcare Holdings Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Meinian Onehealth Healthcare Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.13) to Mar. 2024 (0.14). It may suggest that Meinian Onehealth Healthcare Holdings Co is progressively becoming more dependent on debt to grow their business.

Meinian Onehealth Healthcare Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings 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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Meinian Onehealth Healthcare Holdings Co LT-Debt-to-Total-Asset Chart

Meinian Onehealth Healthcare Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.20

0.16

0.13

Meinian Onehealth Healthcare Holdings 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															0.13	0.13	0.13	0.13	0.14

Meinian Onehealth Healthcare Holdings Co LT-Debt-to-Total-Asset Calculation

Meinian Onehealth Healthcare Holdings 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 )
	=	2479.334	/	19456.66
	=	0.13

Meinian Onehealth Healthcare Holdings 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 )
	=	2520.322	/	18519.497
	=	0.14

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) 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.

Meinian Onehealth Healthcare Holdings Co LT-Debt-to-Total-Asset Related Terms

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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Meinian Onehealth Healthcare Holdings Co Ltd (SZSE:002044) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072

Website

http://www.health-100.cn

Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.

Executives

Ning Yi	Executives
Lin Lin	Executives
Xu Ke	Director
Yu Rong	Director
Guo Mei Ling	Director
Hu Rui Lian	Director
Yu Ji Ye	Supervisors
Wen Hai Yan	Executives
Li Jun De	Director
Cui Lan	Supervisors
Zhang Bin Yun	Director
Shen Yong Yan	Executives
Zhang Song	Executives
Ge Qiu	Executives
Xu Xiang Dong	Directors, executives

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Headlines

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