Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Pengdu Agriculture & Animal Husbandry 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. Pengdu Agriculture & Animal Husbandry Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Pengdu Agriculture & Animal Husbandry Co's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.08). It may suggest that Pengdu Agriculture & Animal Husbandry Co is progressively becoming more dependent on debt to grow their business.

Pengdu Agriculture & Animal Husbandry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pengdu Agriculture & Animal Husbandry 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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Pengdu Agriculture & Animal Husbandry Co LT-Debt-to-Total-Asset Chart

Pengdu Agriculture & Animal Husbandry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.07

0.10

0.06

0.09

Pengdu Agriculture & Animal Husbandry 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															0.06	0.05	0.07	0.09	0.08

Pengdu Agriculture & Animal Husbandry Co LT-Debt-to-Total-Asset Calculation

Pengdu Agriculture & Animal Husbandry 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 )
	=	1343.939	/	15484.344
	=	0.09

Pengdu Agriculture & Animal Husbandry 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 )
	=	1416.64	/	16966.928
	=	0.08

Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) 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.

Pengdu Agriculture & Animal Husbandry Co LT-Debt-to-Total-Asset Related Terms

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Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pengdu Agriculture & Animal Husbandry Co Ltd (SZSE:002505) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Lane 2188, Hongqiao Road, No. 25, Hongqiao Business Villa, Changning District, Shanghai, CHN, 200336

Website

http://www.dkifa.com

Pengdu Agriculture & Animal Husbandry Co Ltd is a global farming and food company. The company operates through various business divisions: grain trade, dairy, food distribution, beef cattle, live pigs. Its business has spread all over China, Brazil, New Zealand, Japan, Myanmar, Laos, and many other countries. In addition, the company has controlled approximately 29 original ecological farms in New Zealand, formed all kinds of dairy products under its own brand Theland.

Executives

Shen Wei Ping	Directors, executives
Zhao Wei Mao	Director
Wang Zhang Quan	Director
Yan Dong Ming	Director
Chen Li Ming	Director
Shu Jun	Executives
Yan Fang	Directors, executives
Tian Meng Jun	Supervisors
Ma Geng	Executives
Xiang Qi Zhi	Director
Xia Zheng Qi	Directors, executives
Shu Yue	Directors, executives
Wang Bin	Executives

Pengdu Agriculture & Animal Husbandry Co (SZSE:002505) Headlines

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