Xuchang Yuandong Drive Shaft Co (SZSE:002406) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

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

Xuchang Yuandong Drive Shaft Co's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.00). It may suggest that Xuchang Yuandong Drive Shaft Co is progressively becoming less dependent on debt to grow their business.

Xuchang Yuandong Drive Shaft Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xuchang Yuandong Drive Shaft 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.

Xuchang Yuandong Drive Shaft Co LT-Debt-to-Total-Asset Chart

Xuchang Yuandong Drive Shaft 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

0.17

0.10

0.11

Xuchang Yuandong Drive Shaft 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															0.11	0.10	0.06	-	-

Xuchang Yuandong Drive Shaft Co LT-Debt-to-Total-Asset Calculation

Xuchang Yuandong Drive Shaft 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	/	4811.188
	=	0.00

Xuchang Yuandong Drive Shaft 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	/	4738.018
	=	0.00

Xuchang Yuandong Drive Shaft Co (SZSE:002406) 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.

Xuchang Yuandong Drive Shaft Co LT-Debt-to-Total-Asset Related Terms

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

Xuchang Yuandong Drive Shaft Co (SZSE:002406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xuchang Yuandong Drive Shaft Co Ltd (SZSE:002406) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Shangji Town, Noth Suburb of Xuchang City, Xuchang City, CHN, 461111

Website

http://www.yodonchina.com

Xuchang Yuandong Drive Shaft Co Ltd engages in the manufacture of automobile drive shaft assemblies in China.

Executives

Li Dan Qing	Secretary Dong
Liu Yan Sheng	Director
Fu Dong An	Supervisors
Qi Huai De	Supervisors
Zhang Wei Min	Executives
Xu Kai Yang	Supervisors
Shi Cai Xia	Executives
Zhao Bao Jiang	Directors, executives
Ge Zi Yi	Supervisors
Ma Xi Ling	Director
Zhao Liu An	Supervisors
Meng Hui Tao	Executives
Chen Zong Shen	Supervisors
Wang Wei	Executives
Yang Guo Jun	Director

Xuchang Yuandong Drive Shaft Co (SZSE:002406) Headlines

No Headlines