Qinghai Huading Industrial Co (SHSE:600243) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2025)

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What is Qinghai Huading Industrial 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. Qinghai Huading Industrial Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.08.

Qinghai Huading Industrial Co's long-term debt to total assets ratio increased from Mar. 2024 (0.04) to Mar. 2025 (0.08). It may suggest that Qinghai Huading Industrial Co is progressively becoming more dependent on debt to grow their business.

Qinghai Huading Industrial Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Qinghai Huading Industrial 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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Qinghai Huading Industrial Co LT-Debt-to-Total-Asset Chart

Qinghai Huading Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

0.05

Qinghai Huading Industrial Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.06	0.05	0.08

Qinghai Huading Industrial Co LT-Debt-to-Total-Asset Calculation

Qinghai Huading Industrial Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	53.659	/	986.448
	=	0.05

Qinghai Huading Industrial Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	83.627	/	1001.374
	=	0.08

Qinghai Huading Industrial Co (SHSE:600243) 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.

Qinghai Huading Industrial Co LT-Debt-to-Total-Asset Related Terms

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Qinghai Huading Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qinghai Huading Industrial Co Ltd (SHSE:600243) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 318, Qiyi Road, Qinghai Province, Xining, CHN, 810000

Website

http://www.qhhdsy.com

Qinghai Huading Industrial Co Ltd is a Chinese company engaged in the manufacture and sale of CNC horizontal lathe products, roll lathes, special railway lathes, and other machine tools.

Executives

Wang Feng	Director
Yu Shi Guang	Director
Li Yue Nan	Supervisors
Liu Wen Zhong	Director
Yang Yong Jun	Director
Xiao Shan Peng	senior management
Li Xiang Jun	Director
Ma Xin Ping	Supervisors
Wang Chun Mei	Director
Yu Jian Guo	Supervisors

Qinghai Huading Industrial Co Headlines

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