Yunnan Metropolitan Real Estate Development Co (SHSE:600239) LT-Debt-to-Total-Asset : 0.41 (As of Sep. 2024)

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What is Yunnan Metropolitan Real Estate Development 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. Yunnan Metropolitan Real Estate Development Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.41.

Yunnan Metropolitan Real Estate Development Co's long-term debt to total assets ratio increased from Sep. 2023 (0.33) to Sep. 2024 (0.41). It may suggest that Yunnan Metropolitan Real Estate Development Co is progressively becoming more dependent on debt to grow their business.

Yunnan Metropolitan Real Estate Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yunnan Metropolitan Real Estate Development 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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Yunnan Metropolitan Real Estate Development Co LT-Debt-to-Total-Asset Chart

Yunnan Metropolitan Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.26

0.13

0.21

0.33

0.36

Yunnan Metropolitan Real Estate Development 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															0.33	0.36	0.40	0.41	0.41

Yunnan Metropolitan Real Estate Development Co LT-Debt-to-Total-Asset Calculation

Yunnan Metropolitan Real Estate Development 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 )
	=	4375.117	/	12298.847
	=	0.36

Yunnan Metropolitan Real Estate Development 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 )
	=	4719.787	/	11531.128
	=	0.41

Yunnan Metropolitan Real Estate Development Co (SHSE:600239) 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.

Yunnan Metropolitan Real Estate Development Co LT-Debt-to-Total-Asset Related Terms

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Yunnan Metropolitan Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yunnan Metropolitan Real Estate Development Co Ltd (SHSE:600239) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 869 Minhang Road, Block A, Rongcheng Jinjie Square, Yunnan Province, Kunming, CHN, 650200

Website

http://www.ynctzy.com

Yunnan Metropolitan Real Estate Development Co Ltd is engaged in real estate development and management, commercial housing sales, housing leasing, infrastructure construction investment, land development, project investment and management.

Executives

Wang Jian Ping

Director

Yunnan Metropolitan Real Estate Development Co Headlines

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