Yunnan Copper Co (SZSE:000878) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

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What is Yunnan Copper 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. Yunnan Copper Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Yunnan Copper Co's long-term debt to total assets ratio declined from Mar. 2023 (0.23) to Mar. 2024 (0.18). It may suggest that Yunnan Copper Co is progressively becoming less dependent on debt to grow their business.

Yunnan Copper Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yunnan Copper 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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Yunnan Copper Co LT-Debt-to-Total-Asset Chart

Yunnan Copper Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.28

0.33

0.23

0.27

Yunnan Copper 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															0.23	0.23	0.22	0.27	0.18

Yunnan Copper Co LT-Debt-to-Total-Asset Calculation

Yunnan Copper 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 )
	=	10494.385	/	39380.371
	=	0.27

Yunnan Copper 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 )
	=	8612.156	/	48553.955
	=	0.18

Yunnan Copper Co (SZSE:000878) 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.

Yunnan Copper Co LT-Debt-to-Total-Asset Related Terms

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Yunnan Copper Co (SZSE:000878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Copper Co Ltd (SZSE:000878) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 111 People's East Road, Yunnan Province, Kunming, CHN, 650011

Website

http://www.yunnancopper.com

Yunnan Copper Co Ltd is in the business of copper exploration, mining, smelting, it relates to resource development zinc, titanium, molybdenum, phosphorus, gold, Silver, Platinum, Palladium and other rare and rare metals recycling and geological exploration, engineering consulting, chemical production, futures brokerage, logistics and transportation, international trade and many other industries.

Executives

Wang Chong	Directors, executives
Huang Yun Jing	Directors, executives
Luo Gang	Supervisors
Tian Yong Zhong	Director
Han Jin Gen	Secretary Dong
Chen Suo Kun	Independent director
Zhang Jin Feng	Supervisors
Zhang Zheng Bin	Supervisors
Shen Nan Shan	Directors, executives
Jin Yong Jing	Director
Luo Tai Xi	Executives
Zhu Qing Fen	Director
He Yun Hui	Directors, executives
Guan Hong	Supervisors

Yunnan Copper Co (SZSE:000878) Headlines

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