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Zhongtian Construction (Hunan) Group (HKSE:02433) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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

Zhongtian Construction (Hunan) Group's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Jun. 2024 (0.00). It may suggest that Zhongtian Construction (Hunan) Group is progressively becoming more dependent on debt to grow their business.


Zhongtian Construction (Hunan) Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhongtian Construction (Hunan) 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.

* Premium members only.

Zhongtian Construction (Hunan) Group LT-Debt-to-Total-Asset Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - - - -

Zhongtian Construction (Hunan) Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zhongtian Construction (Hunan) Group LT-Debt-to-Total-Asset Calculation

Zhongtian Construction (Hunan) 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 )
=8.196/2228.21
=0.00

Zhongtian Construction (Hunan) 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 )
=9.128/2411.595
=

* 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.


Zhongtian Construction (Hunan) Group  (HKSE:02433) 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.


Zhongtian Construction (Hunan) Group LT-Debt-to-Total-Asset Related Terms

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Zhongtian Construction (Hunan) Group Business Description

Traded in Other Exchanges
N/A
Address
No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008
Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC. Currently, It primarily focuses on the provision of construction services comprising civil building construction services, provision of construction contracting mainly as general contractor for residential, industrial and commercial construction projects; municipal works construction services, which mainly consist of the construction of urban roads, education institutions, sports stadiums and water supply works; foundation works services which include foundation construction as well as earthwork construction; prefabricated steel structure construction services; and other specialized contracting works which include building renovation and decoration construction specialized contracting.
Executives
Zt (a) Limited 2101 Beneficial owner
Zt (m) Limited 2101 Beneficial owner

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