Liuzhou Chemical Industry Co (SHSE:600423) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Liuzhou Chemical Industry 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. Liuzhou Chemical Industry Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Liuzhou Chemical Industry Co's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.01). It may suggest that Liuzhou Chemical Industry Co is progressively becoming more dependent on debt to grow their business.

Liuzhou Chemical Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Liuzhou Chemical Industry 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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Liuzhou Chemical Industry Co LT-Debt-to-Total-Asset Chart

Liuzhou Chemical Industry Co Annual Data

Trend

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Dec24

LT-Debt-to-Total-Asset

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0.01

Liuzhou Chemical Industry 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															-	-	-	-	0.01

Liuzhou Chemical Industry Co LT-Debt-to-Total-Asset Calculation

Liuzhou Chemical Industry 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 )
	=	3.728	/	602.152
	=	0.01

Liuzhou Chemical Industry 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 )
	=	3.728	/	602.152
	=	0.01

Liuzhou Chemical Industry Co (SHSE:600423) 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.

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Liuzhou Chemical Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Liuzhou Chemical Industry Co Ltd (SHSE:600423) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 106, Yuejin Road, 26th Floor, Bahuijin International, Liubei District, Guangxi, Liuzhou, CHN, 545001

Website

http://www.lzhg.cn

Liuzhou Chemical Industry Co Ltd is engaged in producing and selling chemical fertilizers. The product line includes - porous ammonium nitrate, sodium nitrite, soda ash, granular ammonium nitrate, industrial sulfur, sodium nitrate, potassium sulfate, urea, ammonium chloride, hydrogen peroxide, compound fertilizer, nitro fertilizer, food-grade carbon dioxide, liquid ammonia, and others.

Executives

Lu Sheng Yun	senior management
Wei Dong Mi	senior management
Pang Bang Yong	Supervisors
Yuan Zhi Gang	Director
Su Dong Sheng	Director
Wei Ting	senior management
Li Zhao Sheng	senior management
Liao Neng Cheng	Director
Tan Yong Qiang	Director
Huang Ji Zhong	senior management
Lin Bo	Supervisors

Liuzhou Chemical Industry Co Headlines

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