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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.

* Premium members only.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 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

* 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.


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.


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Baoding Tianwei Baobian Electric Co Business Description

Traded in Other Exchanges
N/A
Address
No. 2222 Tianwei West Road, Hebei Province, Baoding, CHN, 071056
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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