Zhuzhou CRRC Times Electric Co (HKSE:03898) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Zhuzhou CRRC Times Electric Co 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. Zhuzhou CRRC Times Electric Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Zhuzhou CRRC Times Electric Co's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.00). It may suggest that Zhuzhou CRRC Times Electric Co is progressively becoming less dependent on debt to grow their business.

Zhuzhou CRRC Times Electric Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhuzhou CRRC Times Electric Co'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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Zhuzhou CRRC Times Electric Co LT-Debt-to-Total-Asset Chart

Zhuzhou CRRC Times Electric Co Annual Data

Trend

Dec15

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Dec24

LT-Debt-to-Total-Asset

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0.02

Zhuzhou CRRC Times Electric Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.01	0.02	0.01	-

Zhuzhou CRRC Times Electric Co LT-Debt-to-Total-Asset Calculation

Zhuzhou CRRC Times Electric Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	266.89	/	69187.548
	=	0.00

Zhuzhou CRRC Times Electric Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	266.89	/	69187.548
	=	0.00

Zhuzhou CRRC Times Electric Co (HKSE:03898) 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.

Zhuzhou CRRC Times Electric Co LT-Debt-to-Total-Asset Related Terms

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Zhuzhou CRRC Times Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhuzhou CRRC Times Electric Co Ltd (HKSE:03898) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ZTX:Germany 688187:China

Address

No. 169 Times Road, Shifeng District, Hunan Province, Zhuzhou, CHN, 412001

Website

http://www.tec.crrczic.cc

Zhuzhou CRRC Times Electric Co Ltd is in the R&D, design, manufacturing, and sales of rail transit equipment products and the provision of related services, and has an industrial structure of components, systems, and complete machines. Its products mainly include rail transit electrical equipment, railway engineering machinery, communication signal systems, and others. Meanwhile, the Company actively expands to industries other than rail transit, and conducts business in the fields of power semiconductor devices, industrial converter products, electric drive systems for new energy vehicles, sensor devices, and marine equipment, The Company operates in the domestic market and overseas markets.

Executives

Jpmorgan Chase & Co.	2502 Approved lending agent
Citigroup Inc.	2502 Approved lending agent
Norges Bank	2101 Beneficial owner
Crrc Group Co., Ltd.	2201 Interest of corporation controlled by you
Zhong Guo Zhong Che Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Zhong Che Xiang Gang Zi Ben Guan Li You Xian Gong Si	2101 Beneficial owner
Blackrock, Inc.	2201 Interest of corporation controlled by you
Crrc Group Co., Ltd.	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Vontobel Asset Management Ag	2102 Investment manager

Zhuzhou CRRC Times Electric Co Headlines

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