Beijing Dinghan Technology Group Co (SZSE:300011) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is Beijing Dinghan Technology Group 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. Beijing Dinghan Technology Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Beijing Dinghan Technology Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.03) to Mar. 2024 (0.07). It may suggest that Beijing Dinghan Technology Group Co is progressively becoming more dependent on debt to grow their business.

Beijing Dinghan Technology Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Dinghan Technology Group 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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Beijing Dinghan Technology Group Co LT-Debt-to-Total-Asset Chart

Beijing Dinghan Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.06

0.09

0.04

0.08

Beijing Dinghan Technology Group 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															0.03	0.02	0.09	0.08	0.07

Beijing Dinghan Technology Group Co LT-Debt-to-Total-Asset Calculation

Beijing Dinghan Technology Group 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 )
	=	277.902	/	3652.736
	=	0.08

Beijing Dinghan Technology Group 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 )
	=	259.635	/	3644.249
	=	0.07

Beijing Dinghan Technology Group Co (SZSE:300011) 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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Beijing Dinghan Technology Group Co (SZSE:300011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Dinghan Technology Group Co Ltd (SZSE:300011) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, South Fourth Ring Road, Building 2, Building 18, Headquarters Base, Fengtai District, Beijing, CHN, 100070

Website

http://www.dinghantech.com

Beijing Dinghan Technology Co Ltd is rooted in the rail transit industry. It is focused on the production and provision of professional equipment and integrated solutions for rail transit. Its rail transit rolling stock equipment includes rolling stock power supply, rolling stock air condition, rolling stock special cables, and rolling stock safety detection systems. Geographically, the activities are carried out through China.

Executives

Gu Qing Wei	Directors, executives
Hou Wen Qi	Director
Xiao Dong Sheng	Executives
Wang Sheng Tang	Executives
Ruan Shou Guo	Director
Wu Zhi Gang	Securities Affairs Representative
Li Jing	Supervisors
Cao Wu Shun	Independent director
Li Dong Rong	Directors, executives
Zhang Yan Bing	Directors, executives
Wan Qing	Directors, executives
Li Tong	Supervisors
Ge Cai Feng	Executives
Yang Fan	Supervisors
Xing Jian Ping	Supervisors

Beijing Dinghan Technology Group Co (SZSE:300011) Headlines

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