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China Tianrui Automotive Interiors Co (HKSE:06162) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)


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What is China Tianrui Automotive Interiors 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. China Tianrui Automotive Interiors Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

China Tianrui Automotive Interiors Co's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Jun. 2024 (0.03). It may suggest that China Tianrui Automotive Interiors Co is progressively becoming less dependent on debt to grow their business.

China Tianrui Automotive Interiors Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Tianrui Automotive Interiors 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.

* Premium members only.

China Tianrui Automotive Interiors Co LT-Debt-to-Total-Asset Chart

China Tianrui Automotive Interiors Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.03 0.03 0.03 0.06

China Tianrui Automotive Interiors Co Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.06

China Tianrui Automotive Interiors Co LT-Debt-to-Total-Asset Calculation

China Tianrui Automotive Interiors Co'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 )
=16.973/578.536
=0.03

China Tianrui Automotive Interiors Co'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 )
=17.806/546.325
=0.03

* 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.

China Tianrui Automotive Interiors Co  (HKSE:06162) 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.

China Tianrui Automotive Interiors Co LT-Debt-to-Total-Asset Related Terms

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China Tianrui Automotive Interiors Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Tianrui Automotive Interiors Co Ltd (HKSE:06162) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
HKSE:06163 HKSE:01241 HKSE:01269 HKSE:01930 HKSE:06928 HKSE:01188 HKSE:02457 HKSE:02339 HKSE:08418 HKSE:00096 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. 6 Weihua Road North, Xi’an Economic & Technological Development Zone, Jingwei Xincheng, Shaanxi Province, Xi’an City, CHN
Website
https://www.trqcns.com
China Tianrui Automotive Interiors Co Ltd is an investment holding company. It is engaged in the manufacturing and selling of automotive interior and exterior decorative components and parts. Its manufactures products for Heavy trucks as well as for Passenger vehicles. Some of its products are Floor mats, Instrument panels, headliners, Overhead compartments, Door Trim panels, Fender, Side mirror components, Ventilation components, Rearview mirror components, and Headlight assembly components. The company operates majorly in China.
Executives
Chen Bierui 2201 Interest of corporation controlled by you
H&c Group Holding Limited 2101 Beneficial owner
Hou Jianli 2201 Interest of corporation controlled by you

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