Baoding Tianwei Baobian Electric Co (SHSE:600550) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Baoding Tianwei Baobian Electric 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. Baoding Tianwei Baobian Electric Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Baoding Tianwei Baobian Electric Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.14). It may suggest that Baoding Tianwei Baobian Electric Co is progressively becoming more dependent on debt to grow their business.

Baoding Tianwei Baobian Electric Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Baoding Tianwei Baobian Electric 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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Baoding Tianwei Baobian Electric Co LT-Debt-to-Total-Asset Chart

Baoding Tianwei Baobian Electric 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

0.18

0.21

0.18

0.14

Baoding Tianwei Baobian Electric 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															-	0.14	0.14	0.13	0.14

Baoding Tianwei Baobian Electric Co LT-Debt-to-Total-Asset Calculation

Baoding Tianwei Baobian Electric 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 )
	=	896.087	/	6277.344
	=	0.14

Baoding Tianwei Baobian Electric 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 )
	=	989.544	/	6872.229
	=	0.14

Baoding Tianwei Baobian Electric Co (SHSE:600550) 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.

Baoding Tianwei Baobian Electric Co LT-Debt-to-Total-Asset Related Terms

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Baoding Tianwei Baobian Electric Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baoding Tianwei Baobian Electric Co Ltd (SHSE:600550) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2222 Tianwei West Road, Hebei Province, Baoding, CHN, 071056

Website

http://www.btwelectric.com

Baoding Tianwei Baobian Electric Co Ltd manufactures power transformers and modernized high technology power equipment. Its products include transformers, CT, and reactors applied on power generation, transmission and distribution systems, ranging from 10kV to 1200kV, with maximum product capacity 1500MVA. Its 1000MVA,1000kV single phase autotransformer.

Executives

Li Zhong

senior management

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