Future World Holdings (HKSE:00572) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Future World Holdings 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. Future World Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Future World Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.00). It may suggest that Future World Holdings is progressively becoming less dependent on debt to grow their business.

Future World Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Future World Holdings'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.

Future World Holdings LT-Debt-to-Total-Asset Chart

Future World Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

Future World Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.03	0.04	-

Future World Holdings LT-Debt-to-Total-Asset Calculation

Future World Holdings'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 )
	=	42.508	/	1225.921
	=	0.03

Future World Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0.176	/	1386.877
	=	0.00

Future World Holdings (HKSE:00572) 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.

Future World Holdings LT-Debt-to-Total-Asset Related Terms

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

Future World Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Future World Holdings Ltd (HKSE:00572) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Johnston Road, Unit 612, Tai Yau Building, Wanchai, Hong Kong, HKG

Website

https://www.fw-holdings.com

Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related services, and Securities brokerage business. The majority of revenue for the company is derived from the High-technology service segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

Executives

Lai Long Wai	2201 Interest of corporation controlled by you
China Clean Energy Technology Limited	2101 Beneficial owner
Chu Mo Kwan	2101 Beneficial owner
Zhao Zhiqiang	2101 Beneficial owner
Fang Wen Wen
Chu Mo Kwan
Yip Chun Tat	2101 Beneficial owner
Yang Xuanzi	2101 Beneficial owner
Tan Jinkang	2101 Beneficial owner
Liu Mingzhong	2101 Beneficial owner
East Jumbo Development Limited	2501 Other
Or Den Fung Bonnie	2401 A concert party to an agreement to buy shares
Hrg Robotics International Limited
Ha Gong Da Ji Qi Ren Ji Tuan Shang Hai Ke Ji Fu Wu You Xian Gong Si
Ha Gong Da Ji Qi Ren Ji Tuan Gu Fen You Xian Gong Si

Future World Holdings Headlines

No Headlines