ZTO Express (Cayman) (HKSE:02057) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is ZTO Express (Cayman) 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. ZTO Express (Cayman)'s long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

ZTO Express (Cayman)'s long-term debt to total assets ratio declined from Sep. 2023 (0.09) to Sep. 2024 (0.00). It may suggest that ZTO Express (Cayman) is progressively becoming less dependent on debt to grow their business.

ZTO Express (Cayman) LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZTO Express (Cayman)'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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ZTO Express (Cayman) LT-Debt-to-Total-Asset Chart

ZTO Express (Cayman) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.09

ZTO Express (Cayman) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.08	0.08	-

ZTO Express (Cayman) LT-Debt-to-Total-Asset Calculation

ZTO Express (Cayman)'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 )
	=	8187.404	/	96761.391
	=	0.08

ZTO Express (Cayman)'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	411.854	/	102749.629
	=	0.00

ZTO Express (Cayman) (HKSE:02057) 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.

ZTO Express (Cayman) LT-Debt-to-Total-Asset Related Terms

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ZTO Express (Cayman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZTO Express (Cayman) Inc (HKSE:02057) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZTO:USA ZTO:Mexico ZTOB:Germany Z1TO34:Brazil

Address

No. 1685 Huazhi Road, Building One, Qingpu District, Shanghai, CHN, 201708

Website

https://ir.zto.com

ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 22.1% in 2022. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 77% voting rights as of June 30, 2023. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 11.7% interest.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Scts Capital Pte. Ltd.	2306 Nominee for another person
Standard Chartered Trust (singapore) Limited	2301 Trustee
Zto Wjl Holding Limited	2101 Beneficial owner
Wjl Holding Limited	2201 Interest of corporation controlled by you
Wang Jilei	2101 Beneficial owner
Invesco Advisers, Inc.	2102 Investment manager
Invesco Developing Markets Fund	2106 Person having a security interest in shares
Lai Jianfa	2501 Other
Ljfa Holding Limited	2201 Interest of corporation controlled by you
Zto Ljf Holding Limited	2101 Beneficial owner
Taobao China Holding Limited	2201 Interest of corporation controlled by you
Taobao Holding Limited	2201 Interest of corporation controlled by you
Alibaba Zt Investment Limited	2101 Beneficial owner
Alibaba Group Holding Limited	2201 Interest of corporation controlled by you

ZTO Express (Cayman) Headlines

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