Gansu Dunhuang Seed Group Co (SHSE:600354) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

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What is Gansu Dunhuang Seed Group 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. Gansu Dunhuang Seed Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Gansu Dunhuang Seed Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.03). It may suggest that Gansu Dunhuang Seed Group Co is progressively becoming more dependent on debt to grow their business.

Gansu Dunhuang Seed Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gansu Dunhuang Seed Group 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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Gansu Dunhuang Seed Group Co LT-Debt-to-Total-Asset Chart

Gansu Dunhuang Seed Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.03

0.02

Gansu Dunhuang Seed Group 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															0.02	0.03	0.03	0.02	0.03

Gansu Dunhuang Seed Group Co LT-Debt-to-Total-Asset Calculation

Gansu Dunhuang Seed Group 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 )
	=	46.711	/	1918.25
	=	0.02

Gansu Dunhuang Seed Group 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 )
	=	47.33	/	1738.182
	=	0.03

Gansu Dunhuang Seed Group Co (SHSE:600354) 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.

Gansu Dunhuang Seed Group Co LT-Debt-to-Total-Asset Related Terms

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Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gansu Dunhuang Seed Group Co Ltd (SHSE:600354) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000

Website

http://www.dhseed.com

Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.

Executives

Shi Xiao Zhong	Director
Wang Cheng Ji	Director
Wang Shan Guang	senior management
Zhang Shao Ping	Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

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