Beijing Dahao Technology (SHSE:603025) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Beijing Dahao Technology 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. Beijing Dahao Technology's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Beijing Dahao Technology's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Beijing Dahao Technology is progressively becoming more dependent on debt to grow their business.

Beijing Dahao Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Dahao Technology'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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Beijing Dahao Technology LT-Debt-to-Total-Asset Chart

Beijing Dahao Technology Annual Data

Trend

Dec14

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Dec23

LT-Debt-to-Total-Asset

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0.01

Beijing Dahao Technology 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															-	-	-	-	0.01

Beijing Dahao Technology LT-Debt-to-Total-Asset Calculation

Beijing Dahao Technology'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 )
	=	8.42	/	3935.606
	=	0.00

Beijing Dahao Technology'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 )
	=	58.912	/	4450.651
	=	0.01

Beijing Dahao Technology (SHSE:603025) 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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Beijing Dahao Technology (SHSE:603025) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dahao Technology Corp Ltd (SHSE:603025) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

M7 Building, No.1 Jiu Xian Qiao East Road, Chaoyang District, Beijing, CHN, 100015

Website

http://www.dahaobj.cn

Beijing Dahao Technology Corp Ltd is a China-based company engages in the research, production, and sale of various computerized control systems for sewing and knitting machines. Its products are mainly used in embroidery machines, sewing machine control systems, and flat-knitting machine control systems. The company mainly operates its business in East China, South China, Central China and North China.

Executives

Wu Hai Hong	Director
Zhao Yu Ling	Director
Sun Xue Li	Director
Tan Qing	Director
Zheng Jian Jun	Director

Beijing Dahao Technology (SHSE:603025) Headlines

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