Beijing Airport High-tech Park Co (SHSE:600463) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Beijing Airport High-tech Park 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. Beijing Airport High-tech Park Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Beijing Airport High-tech Park Co's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.07). It may suggest that Beijing Airport High-tech Park Co is progressively becoming more dependent on debt to grow their business.

Beijing Airport High-tech Park Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Airport High-tech Park 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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Beijing Airport High-tech Park Co LT-Debt-to-Total-Asset Chart

Beijing Airport High-tech Park Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.05

0.02

0.01

0.05

Beijing Airport High-tech Park 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															0.04	0.05	0.06	0.03	0.07

Beijing Airport High-tech Park Co LT-Debt-to-Total-Asset Calculation

Beijing Airport High-tech Park 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 )
	=	132.792	/	2442.384
	=	0.05

Beijing Airport High-tech Park 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 )
	=	157.992	/	2298.791
	=	0.07

Beijing Airport High-tech Park Co (SHSE:600463) 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.

Beijing Airport High-tech Park Co LT-Debt-to-Total-Asset Related Terms

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Beijing Airport High-tech Park Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Beijing Airport High-tech Park Co Ltd (SHSE:600463) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tianzhu Airport Industrial Zone, Shunyi District, Beijing, CHN, 101318

Website

http://www.600463.com.cn

Beijing Airport High-tech Park Co Ltd is principally engaged in industrial real estate development, building construction, standard plant operation, and property management.

Executives

Zhang Zhao Liang

senior management

Beijing Airport High-tech Park Co Headlines

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