BNN Technology (LSE:BNN) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2017)

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What is BNN Technology 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. BNN Technology's long-term debt to total assests ratio for the quarter that ended in Jun. 2017 was 0.14.

BNN Technology's long-term debt to total assets ratio declined from Jun. 2016 (0.30) to Jun. 2017 (0.14). It may suggest that BNN Technology is progressively becoming less dependent on debt to grow their business.

BNN Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for BNN Technology'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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BNN Technology LT-Debt-to-Total-Asset Chart

BNN Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

LT-Debt-to-Total-Asset

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0.18

0.33

0.21

BNN Technology Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.22	0.33	0.30	0.21	0.14

BNN Technology LT-Debt-to-Total-Asset Calculation

BNN Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

LT Debt to Total Assets (A: Dec. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2016 )	/	Total Assets (A: Dec. 2016 )
	=	13.564	/	65.059
	=	0.21

BNN Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

LT Debt to Total Assets (Q: Jun. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2017 )	/	Total Assets (Q: Jun. 2017 )
	=	10.942	/	78.934
	=	0.14

BNN Technology (LSE:BNN) 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.

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BNN Technology (LSE:BNN) Business Description

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Address

Website

http://www.bnntechnology.com

BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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