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Ningbo Yongxin Optics Co (SHSE:603297) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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What is Ningbo Yongxin Optics 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. Ningbo Yongxin Optics Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Ningbo Yongxin Optics Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


Ningbo Yongxin Optics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ningbo Yongxin Optics 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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Ningbo Yongxin Optics Co LT-Debt-to-Total-Asset Chart

Ningbo Yongxin Optics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Ningbo Yongxin Optics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Ningbo Yongxin Optics Co LT-Debt-to-Total-Asset Calculation

Ningbo Yongxin Optics 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 )
=0/2092.255
=0.00

Ningbo Yongxin Optics 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 )
=0.061/2103.339
=0.00

* 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.


Ningbo Yongxin Optics Co  (SHSE:603297) 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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Ningbo Yongxin Optics Co (SHSE:603297) Business Description

Traded in Other Exchanges
N/A
Address
No.385 Mingzhu Road, Hi-tech Industry Park, Zhejiang, Ningbo, CHN, 315040
Ningbo Yongxin Optics Co Ltd is a Chinese microscope manufacturer. It is engaged in manufacturing and selling biological microscopes and industrial microscopes, strips Code scanner lens, planar optics, and professional imaging optics components under the brands NOVEL, JIANGNAN, and INOVO. The company exports its products throughout Europe, America, Japan, Singapore, and other countries and regions.
Executives
Lin Guang Kao senior management

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