Jade Bird Fire Co (SZSE:002960) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Jade Bird Fire 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. Jade Bird Fire Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Jade Bird Fire Co's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Jade Bird Fire Co is progressively becoming less dependent on debt to grow their business.

Jade Bird Fire Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jade Bird Fire 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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Jade Bird Fire Co LT-Debt-to-Total-Asset Chart

Jade Bird Fire Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

Jade Bird Fire 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															0.02	0.02	0.01	0.02	0.02

Jade Bird Fire Co LT-Debt-to-Total-Asset Calculation

Jade Bird Fire 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 )
	=	124.005	/	8471.735
	=	0.01

Jade Bird Fire 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 )
	=	119.517	/	8034.198
	=	0.01

Jade Bird Fire Co (SZSE:002960) 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.

Jade Bird Fire Co LT-Debt-to-Total-Asset Related Terms

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Jade Bird Fire Co (SZSE:002960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jade Bird Fire Co Ltd (SZSE:002960) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207 Chengfu Road, Beida Jade Bird Hous, Haidian District, Beijing, CHN, 100871

Website

http://www.jbufa.com

Jade Bird Fire Co Ltd is engaged in the research, development, production, and sales of fire safety system products. The company's products are mainly used in national key projects such as Zhongnanhai, the Beijing Olympic Games, the Shanghai World Expo, etc.

Executives

Cai Wei Min	Director
Zhang Qian Shan	Directors, executives
Kang Ya Zhen	Directors, executives
Gao Jun Yan	Directors, executives
Lu Wen Hao	Executives
Zhou Zi An	Executives
Wang Guo Qiang	Supervisors

Jade Bird Fire Co (SZSE:002960) Headlines

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