GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Chuanyi Automation Co Ltd (SHSE:603100) » Definitions » LT-Debt-to-Total-Asset

Chongqing Chuanyi Automation Co (SHSE:603100) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Chongqing Chuanyi Automation 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. Chongqing Chuanyi Automation Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Chongqing Chuanyi Automation Co's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.04). It may suggest that Chongqing Chuanyi Automation Co is progressively becoming less dependent on debt to grow their business.

Chongqing Chuanyi Automation Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chongqing Chuanyi Automation 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.

Chongqing Chuanyi Automation Co LT-Debt-to-Total-Asset Chart

Chongqing Chuanyi Automation Co Annual Data
Trend Dec14 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 0.02 0.04 0.02 0.05 0.04

Chongqing Chuanyi Automation 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 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 0.07 0.06 0.07 0.04 0.04

Chongqing Chuanyi Automation Co LT-Debt-to-Total-Asset Calculation

Chongqing Chuanyi Automation 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 )
=342.459/8319.849
=0.04

Chongqing Chuanyi Automation 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 )
=329.444/8088.77
=0.04

* 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.

Chongqing Chuanyi Automation Co  (SHSE:603100) 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.

Chongqing Chuanyi Automation Co LT-Debt-to-Total-Asset Related Terms

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

Chongqing Chuanyi Automation Co (SHSE:603100) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chongqing Chuanyi Automation Co Ltd (SHSE:603100) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:688789 SHSE:688700 SZSE:300083 SHSE:603277 SHSE:688570 SHSE:600835 SZSE:002158 SZSE:002011 SHSE:688097 SZSE:002270 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 61 Huangshan Road, New North Zone, Chongqing, CHN, 401121
Website
http://www.cqcy.com
Chongqing Chuanyi Automation Co Ltd is an industrial auto-control system and device manufacturer. It focuses on the businesses of research and development, manufacturing, marketing, technical solution and service for industrial auto-control system and device and engineering integration. The company's single product mainly contains a smart transmitter, an intelligent control valve, an intelligent actuator, smart flow meter, temperature instrument, control instrument, and analyzer.
Executives
Li Yao senior management
Wu Zheng Guo Directors, senior managers
Li Huan senior management
Huang Zhi Hua Director
Wang Gang senior management
Wu Yu senior management
Zhou Xiao Hua Director

Chongqing Chuanyi Automation Co (SHSE:603100) Headlines

No Headlines