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BII Railway Transportation Technology Holdings Co (HKSE:01522) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)


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What is BII Railway Transportation Technology 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. BII Railway Transportation Technology Holdings Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

BII Railway Transportation Technology Holdings Co's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.01). It may suggest that BII Railway Transportation Technology Holdings Co is progressively becoming less dependent on debt to grow their business.

BII Railway Transportation Technology Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for BII Railway Transportation Technology 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.

* Premium members only.

BII Railway Transportation Technology Holdings Co LT-Debt-to-Total-Asset Chart

BII Railway Transportation Technology Holdings Co Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 - 0.08 0.07 0.01

BII Railway Transportation Technology Holdings Co Semi-Annual Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.08 0.07 0.08 0.01

BII Railway Transportation Technology Holdings Co LT-Debt-to-Total-Asset Calculation

BII Railway Transportation Technology 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 )
=24.835/4508.683
=0.01

BII Railway Transportation Technology Holdings Co'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 )
=24.835/4508.683
=0.01

* 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.

BII Railway Transportation Technology Holdings Co  (HKSE:01522) 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.

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BII Railway Transportation Technology Holdings Co (HKSE:01522) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BII Railway Transportation Technology Holdings Co Ltd (HKSE:01522) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:08081 HKSE:03680 HKSE:00771 HKSE:08229 HKSE:02350 HKSE:00046 HKSE:02501 HKSE:02176 HKSE:02280 HKSE:01402 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
CN6:Germany
Address
No.4 Huixin East Street, Floor 15th, Tower 2, Fusheng Building, Chaoyang District, Beijing, CHN
Website
https://www.biitt.cn
BII Railway Transportation Technology Holdings Co Ltd is engaged in designing, implementing, selling, and maintenance, of application solutions for the networking and controlling systems of public transport. Its segments include Intelligent railway transportation, Infrastructure information, and Business development investment. The key part of the revenue is from the Intelligent railway transportation segment that provides design, production, implementation and sale, and maintenance of application solution services, which include related software, hardware, and spare parts in railway transportation areas. The group's revenue is from customers in the People's Republic of China.

BII Railway Transportation Technology Holdings Co (HKSE:01522) Headlines

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