JiLin JiuTai Rural Commercial Bank (FRA:2JJ) LT-Debt-to-Total-Asset: 0.01 (As of Jun. 2024)


FRA:2JJ JiLin JiuTai Rural Commercial Bank Corp Ltd FRA:2JJ
10 GF Score
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What is JiLin JiuTai Rural Commercial Bank LT-Debt-to-Total-Asset?

JiLin JiuTai Rural Commercial Bank FRA:2JJ 10 LT-Debt-to-Total-Asset is 0.01 as of Jun. 2024. GuruFocus rates FRA:2JJ with a GF Score™ of 10/100.

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. JiLin JiuTai Rural Commercial Bank's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

JiLin JiuTai Rural Commercial Bank's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.01). It may suggest that JiLin JiuTai Rural Commercial Bank is progressively becoming less dependent on debt to grow their business.

JiLin JiuTai Rural Commercial Bank  (FRA:2JJ) 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.

JiLin JiuTai Rural Commercial Bank LT-Debt-to-Total-Asset Related Terms

JiLin JiuTai Rural Commercial Bank LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for JiLin JiuTai Rural Commercial Bank'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.

JiLin JiuTai Rural Commercial Bank LT-Debt-to-Total-Asset Chart

JiLin JiuTai Rural Commercial Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.04 0.03 0.02 0.01

JiLin JiuTai Rural Commercial Bank Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.02 0.01 0.01 0.01
FRA:2JJ
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JiLin JiuTai Rural Commercial Bank Corp Ltd FRA:2JJ
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JiLin JiuTai Rural Commercial Bank LT-Debt-to-Total-Asset Calculation

JiLin JiuTai Rural Commercial Bank'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 )
=481.22/34646.602
=0.01

JiLin JiuTai Rural Commercial Bank'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 )
=403.036/33943.256
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
JiLin JiuTai Rural Commercial Bank (FRA:2JJ) has a LT-Debt-to-Total-Asset of 0.01 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on JiLin JiuTai Rural Commercial Bank and its competitors.
Is JiLin JiuTai Rural Commercial Bank's LT-Debt-to-Total-Asset too high?
JiLin JiuTai Rural Commercial Bank's current LT-Debt-to-Total-Asset is 0.01. Overall, JiLin JiuTai Rural Commercial Bank has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does JiLin JiuTai Rural Commercial Bank's LT-Debt-to-Total-Asset compare to PNC?
JiLin JiuTai Rural Commercial Bank's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Banks company?
A good LT-Debt-to-Total-Asset depends on the Banks industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on JiLin JiuTai Rural Commercial Bank and its competitors. JiLin JiuTai Rural Commercial Bank's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JiLin JiuTai Rural Commercial Bank stock overvalued right now?
JiLin JiuTai Rural Commercial Bank (FRA:2JJ) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. JiLin JiuTai Rural Commercial Bank's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For JiLin JiuTai Rural Commercial Bank (FRA:2JJ), the current LT-Debt-to-Total-Asset is 0.01 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

JiLin JiuTai Rural Commercial Bank Business Description

Address No. 2559 Wei Shan Road, High and New Technology Development Zone, Jilin Province, Changchun, CHN
JiLin JiuTai Rural Commercial Bank Corp Ltd is engaged in the provision of banking services. The company's operating segment includes Corporate banking; Retail banking; Treasury operations and Others. The bank offers loan business, deposits, certificates of deposits, and other related services. It generates maximum revenue from the Corporate banking segment. Geographically, the firm operates in Mainland China.
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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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