ZJLD Group (FRA:LH6) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is ZJLD Group 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. ZJLD Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

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

ZJLD Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZJLD Group'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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ZJLD Group LT-Debt-to-Total-Asset Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.02

0.03

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	-	-	-	-

ZJLD Group LT-Debt-to-Total-Asset Calculation

ZJLD Group'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 )
	=	3.247	/	2257.465
	=	0.00

ZJLD Group'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 )
	=	2.476	/	2312.491
	=	0.00

ZJLD Group (FRA:LH6) 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.

ZJLD Group LT-Debt-to-Total-Asset Related Terms

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ZJLD Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (FRA:LH6) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

06979:Hong Kong

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

Zhenjiu Lidu, or ZJLD, is one of the leading non-state-owned baijiu distillers in China. It operates a portfolio of baijiu brands with aroma ranging across Jiang, Rich, and Mixed flavors that include Zhen Jiu, Li Du, Xiang Jiao, and Kai Kou Xiao, which contributed 65%, 16%, 12% and 6% of total revenue in 2023, respectively. ZJLD listed on the Hong Kong Stock Exchange in April 2023, ranking it as the ninth largest among the listed baijiu distillers in terms of revenue in 2023. Chairman Wu Xiangdong through Jindong Investment, controls 69% of the firm's total equity stake as of December 2023.

ZJLD Group Headlines

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