Yibin Paper Industry Co (SHSE:600793) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

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

Yibin Paper Industry Co's long-term debt to total assets ratio declined from Mar. 2023 (0.58) to Mar. 2024 (0.01). It may suggest that Yibin Paper Industry Co is progressively becoming less dependent on debt to grow their business.

Yibin Paper Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yibin Paper 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.

* Premium members only.

Yibin Paper Industry Co LT-Debt-to-Total-Asset Chart

Yibin Paper Industry 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

0.29

0.32

0.56

0.01

Yibin Paper Industry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.58	0.05	0.01	0.01	0.01

Yibin Paper Industry Co LT-Debt-to-Total-Asset Calculation

Yibin Paper Industry 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 )
	=	17.242	/	2577.417
	=	0.01

Yibin Paper Industry Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	16.166	/	2531.715
	=	0.01

Yibin Paper Industry Co (SHSE:600793) 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.

Yibin Paper Industry Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Yibin Paper Industry Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Yibin Paper Industry Co (SHSE:600793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Yibin Paper Industry Co Ltd (SHSE:600793) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Lanshi Light Industrial Park, Nanxi District, Sichuan Province, Yibin, CHN, 644100

Website

http://www.yb-zy.com

Yibin Paper Industry Co Ltd is a paper product manufacturer in China. The company's main products include high-grade paper cup base paper, bamboo pulp board, and others.

Executives

Chen Dan	Supervisors
Xie Zhang Hong	senior management
Huang Cai Jin	Supervisors
Huang Zheng Wen	senior management
Yang Jun	Supervisors
Xing Zhi Min	senior management
Gao Ge Sheng	Supervisors
Lv Yan Zhi	senior management
Zhou Ming Cong	senior management
Chen Hong	Director
Chen Shi Gui	Supervisors

Yibin Paper Industry Co (SHSE:600793) Headlines

No Headlines