Kexin Development Co Shanxi (SHSE:600234) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Kexin Development Co Shanxi 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. Kexin Development Co Shanxi's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Kexin Development Co Shanxi's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.00). It may suggest that Kexin Development Co Shanxi is progressively becoming more dependent on debt to grow their business.

Kexin Development Co Shanxi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kexin Development Co Shanxi'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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Kexin Development Co Shanxi LT-Debt-to-Total-Asset Chart

Kexin Development Co Shanxi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Kexin Development Co Shanxi Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	0.01	-

Kexin Development Co Shanxi LT-Debt-to-Total-Asset Calculation

Kexin Development Co Shanxi'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 )
	=	3.243	/	666.39
	=	0.00

Kexin Development Co Shanxi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2.92	/	661.899
	=	0.00

Kexin Development Co Shanxi (SHSE:600234) 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.

Kexin Development Co Shanxi LT-Debt-to-Total-Asset Related Terms

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Kexin Development Co Shanxi (SHSE:600234) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kexin Development Co Ltd Shanxi (SHSE:600234) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 289 Yingze Street, Shanxi Province, Taiyuan, CHN, 030001

Website

Guanghe Landscape Culture Communication Co Ltd is engaged in cultural event planning; cultural communication planning; corporate image planning; investment in theme parks and tourism cultural projects, cultural performance projects, cinema lines, book publishing publications with own funds; painting and calligraphy art creation and display.

Executives

Chen Fu Xing	Director
Wang Tie Sheng	senior management

Kexin Development Co Shanxi (SHSE:600234) Headlines

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