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Guangxi WatYuan Filtration System Co (BJSE:838837) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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What is Guangxi WatYuan Filtration System 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. Guangxi WatYuan Filtration System Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Guangxi WatYuan Filtration System Co's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.00). It may suggest that Guangxi WatYuan Filtration System Co is progressively becoming less dependent on debt to grow their business.


Guangxi WatYuan Filtration System Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangxi WatYuan Filtration System 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.

Guangxi WatYuan Filtration System Co LT-Debt-to-Total-Asset Chart

Guangxi WatYuan Filtration System Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only - - - - 0.03

Guangxi WatYuan Filtration System Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 - - - -

Guangxi WatYuan Filtration System Co LT-Debt-to-Total-Asset Calculation

Guangxi WatYuan Filtration System Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=21.24/620.83
=0.03

Guangxi WatYuan Filtration System Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0.182/905.014
=0.00

* 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.


Guangxi WatYuan Filtration System Co  (BJSE:838837) 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.


Guangxi WatYuan Filtration System Co LT-Debt-to-Total-Asset Related Terms

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Guangxi WatYuan Filtration System Co Business Description

Traded in Other Exchanges
N/A
Address
On the west side of Potang Section of Yugong Highway, Potang Industrial Concentration Area, Yuchai Industrial Park, Guangxi Zhuang Autonomous Region, Yulin, CHN, 537005
Guangxi WatYuan Filtration System Co Ltd is engaged in the manufacturing and sales of filters for vehicles and non-road mobile machinery and industrial filtration equipment.

Guangxi WatYuan Filtration System Co Headlines

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