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Buyang International Holding (HKSE:02457) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)


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What is Buyang International Holding 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. Buyang International Holding's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

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

Buyang International Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Buyang International Holding'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.

Buyang International Holding LT-Debt-to-Total-Asset Chart

Buyang International Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.02 0.02 0.01 0.01 0.01

Buyang International Holding Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.01 0.01 0.01 0.01 0.01

Buyang International Holding LT-Debt-to-Total-Asset Calculation

Buyang International Holding'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 )
=7.273/545.923
=0.01

Buyang International Holding'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 )
=6.425/526.562
=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.

Buyang International Holding  (HKSE:02457) 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.

Buyang International Holding LT-Debt-to-Total-Asset Related Terms

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Buyang International Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Buyang International Holding Inc (HKSE:02457) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:02339 HKSE:01930 HKSE:08418 HKSE:01188 HKSE:00096 HKSE:06162 HKSE:06830 HKSE:06163 HKSE:01241 HKSE:01269 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV
Traded in Other Exchanges
N/A
Address
No. 8 Buyang Road, Xicheng Street, Xicheng Jiedao, Zhejiang Province, Yongkang, CHN
Website
http://www.bywheel.com
Buyang International Holding Inc is an aluminum alloy automobile wheel manufacturer focusing on the aftermarket which is the market for parts and accessories used in the repair or maintenance of an automobile. It manufactures and sells different types of aluminum alloy automobile wheels to customers. Geographically it generates the majority of its revenue from Asia.
Executives
First Oriental Limited 2101 Beneficial owner
Topsun Investment Holding Company Limited 2201 Interest of corporation controlled by you
Arda (hk) Investment Co., Limited 2101 Beneficial owner
Xu Bu Yun 2201 Interest of corporation controlled by you
Chen Jiang Yue 2202 Interest of your spouse
Hu Zhong Huai 2201 Interest of corporation controlled by you

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