Henan Rebecca Hair Products Co (SHSE:600439) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Henan Rebecca Hair Products 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. Henan Rebecca Hair Products Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Henan Rebecca Hair Products Co's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.01). It may suggest that Henan Rebecca Hair Products Co is progressively becoming less dependent on debt to grow their business.

Henan Rebecca Hair Products Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Henan Rebecca Hair Products 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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Henan Rebecca Hair Products Co LT-Debt-to-Total-Asset Chart

Henan Rebecca Hair Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.01

0.08

0.10

0.08

Henan Rebecca Hair Products 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															0.11	0.08	0.07	0.01	0.01

Henan Rebecca Hair Products Co LT-Debt-to-Total-Asset Calculation

Henan Rebecca Hair Products 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 )
	=	435.27	/	5289.492
	=	0.08

Henan Rebecca Hair Products 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 )
	=	33.767	/	5155.475
	=	0.01

Henan Rebecca Hair Products Co (SHSE:600439) 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.

Henan Rebecca Hair Products Co LT-Debt-to-Total-Asset Related Terms

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Henan Rebecca Hair Products Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Henan Rebecca Hair Products Co Ltd (SHSE:600439) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 666 Rebecca Avenue, Shangji Industrial Agglomeration District, Jian'an District, Henan Province, Xuchang, CHN, 461100

Website

http://www.rebecca.com.cn

Henan Rebecca Hair Products Co Ltd is engaged in the production and sale of hairsprings, such as craft clockwork, chemical fiber hair, women's wigs, and hair.

Executives

Zheng Gui Hua	Director
Wu Bao Li	Supervisors
Zheng You Zhi	Director
Liu Ding Bang	Director

Henan Rebecca Hair Products Co Headlines

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