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Sanquan Food Co (SZSE:002216) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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

Sanquan Food Co's long-term debt to total assets ratio declined from Mar. 2023 (0.00) to Mar. 2024 (0.00). It may suggest that Sanquan Food Co is progressively becoming less dependent on debt to grow their business.


Sanquan Food Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sanquan Food 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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Sanquan Food Co LT-Debt-to-Total-Asset Chart

Sanquan Food Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Sanquan Food 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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Sanquan Food Co LT-Debt-to-Total-Asset Calculation

Sanquan Food 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 )
=25.759/7521.412
=0.00

Sanquan Food 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 )
=23.485/7106.426
=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.


Sanquan Food Co  (SZSE:002216) 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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Sanquan Food Co (SZSE:002216) Business Description

Traded in Other Exchanges
N/A
Address
Tianhe Road, the middle Huiji, Zhengzhou, CHN, 50044
Sanquan Food Co Ltd is a China-based company principally engaged in the production and distribution of quick-frozen food products. The company has two well-known brands - Sanquan and Longfeng.
Executives
Gu Gui Hao Executives
Chen Ze Min Director
Pang Gui Zhong Executives
Zhang Ning He Executives
Chen Nan Director
Chen Xi Directors, executives
Jia Ling Da Director

Sanquan Food Co (SZSE:002216) Headlines

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