Tianrun Industry Technology Co (SZSE:002283) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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

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

Tianrun Industry Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tianrun Industry Technology 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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Tianrun Industry Technology Co LT-Debt-to-Total-Asset Chart

Tianrun Industry Technology Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Tianrun Industry Technology 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															-	-	-	-	-

Tianrun Industry Technology Co LT-Debt-to-Total-Asset Calculation

Tianrun Industry Technology 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 )
	=	28.943	/	8367.172
	=	0.00

Tianrun Industry Technology 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 )
	=	27.917	/	8505.095
	=	0.00

Tianrun Industry Technology Co (SZSE:002283) 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.

Tianrun Industry Technology Co LT-Debt-to-Total-Asset Related Terms

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Tianrun Industry Technology Co (SZSE:002283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tianrun Industry Technology Co Ltd (SZSE:002283) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 2-13 Tianrun Road, Wendeng District, Shandong Province, Wendeng City, CHN, 264400

Website

http://www.tianrun.com

Tianrun Industry Technology Co Ltd, formerly Tianrun Crankshaft Co Ltd is engaged in crankshaft manufacturing. The business of the company includes the development of internal combustion engine, power components, railway equipment, and machine tool equipment. The company is also engaged in the formation of ship engines, heavy trucks, light trucks, and car crankshafts.

Executives

Cong Jian Chen	Executives
Xia Li Jun	Executives
Lin Yong Tao	Executives
Hou Bo	Executives
Chu Zhong Zhi	Executives
Zhou Xian Zhong	Director
Liu Li	Executives, directors, directors
Xu Cheng Fei	Directors, executives
Liu Hong Fu	Executives
Feng Chun	Securities Affairs Representative
Liu Xin	Director

Tianrun Industry Technology Co (SZSE:002283) Headlines

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