Top Wealth Group Holding (Top Wealth Group Holding) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Top Wealth Group Holding 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. Top Wealth Group Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Top Wealth Group Holding's long-term debt to total assets ratio declined from Dec. 2022 (0.01) to Dec. 2023 (0.00). It may suggest that Top Wealth Group Holding is progressively becoming less dependent on debt to grow their business.

Top Wealth Group Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Top Wealth Group Holding'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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Top Wealth Group Holding LT-Debt-to-Total-Asset Chart

Top Wealth Group Holding Annual Data

Trend

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Top Wealth Group Holding Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	0.01	-	0.01	-	-

Top Wealth Group Holding LT-Debt-to-Total-Asset Calculation

Top Wealth Group Holding'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 )
	=	0	/	7.349
	=	0.00

Top Wealth Group Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	7.349
	=	0.00

Top Wealth Group Holding (NAS:TWG) 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.

Top Wealth Group Holding LT-Debt-to-Total-Asset Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Top Wealth Group Holding Ltd (NAS:TWG) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG

Website

https://www.imperialcristalcaviar.com

Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines

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