Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Xuzhou Zm-Besta Heavy Steel Structure 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. Xuzhou Zm-Besta Heavy Steel Structure Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Xuzhou Zm-Besta Heavy Steel Structure Co's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.00). It may suggest that Xuzhou Zm-Besta Heavy Steel Structure Co is progressively becoming less dependent on debt to grow their business.

Xuzhou Zm-Besta Heavy Steel Structure Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xuzhou Zm-Besta Heavy Steel Structure 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.

Xuzhou Zm-Besta Heavy Steel Structure Co LT-Debt-to-Total-Asset Chart

Xuzhou Zm-Besta Heavy Steel Structure 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

0.01

Xuzhou Zm-Besta Heavy Steel Structure Co Quarterly Data
	Dec18	Jun19	Sep19	Dec19	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	0.02	0.01	-

Xuzhou Zm-Besta Heavy Steel Structure Co LT-Debt-to-Total-Asset Calculation

Xuzhou Zm-Besta Heavy Steel Structure 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 )
	=	20.84	/	1593.007
	=	0.01

Xuzhou Zm-Besta Heavy Steel Structure 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 )
	=	4.505	/	1575.783
	=	0.00

Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) 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.

Xuzhou Zm-Besta Heavy Steel Structure Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Xuzhou Zm-Besta Heavy Steel Structure Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Xuzhou Zm-Besta Heavy Steel Structure Co Ltd (BJSE:835857) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

North of Huanghe Road and west of Beizong 1st Road, In the Third Industrial Park, Tongshan New District, Jiangsu Province, Xuzhou City, CHN, 221116

Website

http://www.zmbesta.com

Xuzhou Zm-Besta Heavy Steel Structure Co Ltd engages in the manufacture and processing of steel structure products such as heavy steel structures, light steel structures, steel grid frames, steel trusses, non-standard equipment, PC components, and lightweight high-strength new interior and exterior wall panels for prefabricated steel structure buildings, and provide customers with integrated solutions for industrial steel structure buildings and prefabricated steel structure.

Xuzhou Zm-Besta Heavy Steel Structure Co (BJSE:835857) Headlines

No Headlines