North Electro-Optic Co (SHSE:600184) LT-Debt-to-Total-Asset: 0.02 (As of Mar. 2026)

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SHSE:600184 North Electro-Optic Co Ltd SHSE:600184
59 GF Score
Price ¥16.61
GF Value ¥13.31
Valuation Modestly Overvalued
! 6 Warning Signs
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What is North Electro-Optic Co LT-Debt-to-Total-Asset?

North Electro-Optic Co SHSE:600184 -2.92% 59 LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus rates SHSE:600184 with a GF Score™ of 59/100 and a GF Value™ of ¥13.31 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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. North Electro-Optic Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.02.

North Electro-Optic Co's long-term debt to total assets ratio increased from Mar. 2025 (0.02) to Mar. 2026 (0.02). It may suggest that North Electro-Optic Co is progressively becoming more dependent on debt to grow their business.

North Electro-Optic Co  (SHSE:600184) 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.

North Electro-Optic Co LT-Debt-to-Total-Asset Related Terms

North Electro-Optic Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for North Electro-Optic 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.

North Electro-Optic Co LT-Debt-to-Total-Asset Chart

North Electro-Optic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.00 0.00 0.02

North Electro-Optic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 0.02 0.02 0.02 0.02 0.02
SHSE:600184
59GF Score
North Electro-Optic Co Ltd SHSE:600184
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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North Electro-Optic Co LT-Debt-to-Total-Asset Calculation

North Electro-Optic Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=81.706/5306.494
=0.02

North Electro-Optic Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=127.293/5450.152
=0.02

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
North Electro-Optic Co (SHSE:600184) has a LT-Debt-to-Total-Asset of 0.02 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on North Electro-Optic Co and its competitors.
Is North Electro-Optic Co's LT-Debt-to-Total-Asset too high?
North Electro-Optic Co's current LT-Debt-to-Total-Asset is 0.02. Overall, North Electro-Optic Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does North Electro-Optic Co's LT-Debt-to-Total-Asset compare to SPCX and GE?
North Electro-Optic Co's LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Aerospace & Defense company?
A good LT-Debt-to-Total-Asset depends on the Aerospace & Defense industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on North Electro-Optic Co and its competitors. North Electro-Optic Co's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Electro-Optic Co stock overvalued right now?
Based on GuruFocus' analysis, North Electro-Optic Co (SHSE:600184) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥13.31, compared to a current price of ¥16.61 — trading 24.8% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.02. North Electro-Optic Co's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For North Electro-Optic Co (SHSE:600184), the current LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is North Electro-Optic Co (SHSE:600184) Overvalued in 2026?

Based on GuruFocus' analysis, North Electro-Optic Co stock appears to be overvalued. The current stock price of ¥16.61 is trading 24.8% above its estimated GF Value™ of ¥13.31. GuruFocus considers North Electro-Optic Co to be Modestly Overvalued.

Key valuation signals for SHSE:600184:

  • LT-Debt-to-Total-Asset: 0.02
  • GF Value™: ¥13.31 vs. price of ¥16.61 (24.8% above fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the SHSE:600184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

North Electro-Optic Co Business Description

Address 67 Changhong Beilu, Xiangfan, Hubei, CHN, 441057
North Electro-Optic Co Ltd is a China-based company mainly engaged in the research and development, design, manufacture, and distribution of optoelectronic defense products. The company is also engaged in the manufacture and sales of optoelectronic materials and components.
59GF Score

Get the complete analysis for SHSE:600184

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥16.61
Price
¥13.31
GF Value