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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. Shenzhen Gas's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.20.
Shenzhen Gas's long-term debt to total assets ratio
declined
from Mar. 2025 (0.20) to Mar. 2026 (0.20).
It may suggest that Shenzhen Gas is progressively becoming less dependent on debt to grow their business.
Shenzhen Gas (SHSE:601139) 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.
Shenzhen Gas LT-Debt-to-Total-Asset Related Terms
Shenzhen Gas LT-Debt-to-Total-Asset Historical Data
* Premium members only.
The historical data trend for Shenzhen Gas'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.
* 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.
Shenzhen Gas (SHSE:601139) has a LT-Debt-to-Total-Asset of 0.20 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Shenzhen Gas and its competitors.
Is Shenzhen Gas' LT-Debt-to-Total-Asset too high?
Shenzhen Gas' current LT-Debt-to-Total-Asset is 0.20. Overall, Shenzhen Gas has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shenzhen Gas' LT-Debt-to-Total-Asset compare to ATO and NI?
Shenzhen Gas' LT-Debt-to-Total-Asset of 0.20 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Utilities - Regulated company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Shenzhen Gas and its competitors. Shenzhen Gas's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shenzhen Gas stock overvalued right now?
Based on GuruFocus' analysis, Shenzhen Gas (SHSE:601139) is currently considered Fairly Valued. The stock's GF Value™ is ¥6.74, compared to a current price of ¥6.48 — trading 3.9% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.20. Shenzhen Gas' overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Shenzhen Gas (SHSE:601139), the current LT-Debt-to-Total-Asset is 0.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shenzhen Gas (SHSE:601139) Overvalued in 2026?
Based on GuruFocus' analysis, Shenzhen Gas stock appears to be undervalued.
The current stock price of ¥6.48 is trading 3.9% below its estimated GF Value™ of ¥6.74.
GuruFocus considers Shenzhen Gas to be Fairly Valued.
Key valuation signals for SHSE:601139:
LT-Debt-to-Total-Asset: 0.20
GF Value™: ¥6.74 vs. price of ¥6.48 (3.9% below fair value)
No single metric tells the full story. See the SHSE:601139 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shenzhen Gas Corp Ltd is engaged in urban pipeline gas supply, liquefied petroleum gas wholesale, and bottled liquefied petroleum gas retail activities in China and internationally. It serves approximately 2.54 million pipeline gas customers. The company also holds rights for pipeline gas business in around 29 cities under the Shenzhen gas brand.
81GF Score
Get the complete analysis for SHSE:601139
LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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