Gresgying Digital Energy Technology Co (SHSE:600212) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Gresgying Digital Energy Technology 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. Gresgying Digital Energy Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Gresgying Digital Energy Technology Co's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Gresgying Digital Energy Technology Co is progressively becoming more dependent on debt to grow their business.

Gresgying Digital Energy Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gresgying Digital Energy Technology 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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Gresgying Digital Energy Technology Co LT-Debt-to-Total-Asset Chart

Gresgying Digital Energy Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Gresgying Digital Energy Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Gresgying Digital Energy Technology Co LT-Debt-to-Total-Asset Calculation

Gresgying Digital Energy Technology 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 )
	=	13.825	/	1293.447
	=	0.01

Gresgying Digital Energy Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	15.767	/	1295.59
	=	0.01

Gresgying Digital Energy Technology Co (SHSE:600212) 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.

Gresgying Digital Energy Technology Co LT-Debt-to-Total-Asset Related Terms

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Gresgying Digital Energy Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gresgying Digital Energy Technology Co Ltd (SHSE:600212) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

East of Longtan Road, Luozhuang Town, Luozhuang District, Shandong Province, Linyi, CHN, 276017

Website

https://www.gresgying.com

Gresgying Digital Energy Technology Co Ltd is a digital energy service provider. The company is engaged in the manufacture and sales of charging piles; motor vehicle charging; operation of electric vehicle charging infrastructure and others.

Executives

Zhang Qian	Directors, senior managers
Zhao Tong Yu	Director
Di Bao Xing	Directors, senior managers
Mao Li Yan	senior management

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