Anhui Jianghuai Automobile Group Co (SHSE:600418) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Anhui Jianghuai Automobile Group 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. Anhui Jianghuai Automobile Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Anhui Jianghuai Automobile Group Co's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.10). It may suggest that Anhui Jianghuai Automobile Group Co is progressively becoming more dependent on debt to grow their business.

Anhui Jianghuai Automobile Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anhui Jianghuai Automobile Group 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.

* Premium members only.

Anhui Jianghuai Automobile Group Co LT-Debt-to-Total-Asset Chart

Anhui Jianghuai Automobile Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.15

0.12

0.09

0.10

Anhui Jianghuai Automobile Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.10	0.11	0.10

Anhui Jianghuai Automobile Group Co LT-Debt-to-Total-Asset Calculation

Anhui Jianghuai Automobile Group 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 )
	=	4732.194	/	49081.315
	=	0.10

Anhui Jianghuai Automobile Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	4732.194	/	49081.315
	=	0.10

Anhui Jianghuai Automobile Group Co (SHSE:600418) 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.

Anhui Jianghuai Automobile Group Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Anhui Jianghuai Automobile Group Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Jianghuai Automobile Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Jianghuai Automobile Group Co Ltd (SHSE:600418) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 176 Dongliu Road, Anhui, Hefei, CHN, 230022

Website

https://www.jac.com.cn

Anhui Jianghuai Automobile Group Co Ltd is mainly engaged in the development, manufacturing and sales of automobile accessories such as automobile chassis and gearboxes.

Executives

Wang Bing	Director
Dai Mao Fang	Director
Wang Dong Sheng	Supervisors
An Jin	Director
Zuo Yan An	Director

Anhui Jianghuai Automobile Group Co Headlines

No Headlines