Befar Group Co (SHSE:601678) LT-Debt-to-Total-Asset : 0.26 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Befar Group 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. Befar Group Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.26.

Befar Group Co's long-term debt to total assets ratio increased from Sep. 2023 (0.15) to Sep. 2024 (0.26). It may suggest that Befar Group Co is progressively becoming more dependent on debt to grow their business.

Befar Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Befar Group 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.

Befar Group Co LT-Debt-to-Total-Asset Chart

Befar Group 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

0.11

0.23

0.09

0.10

0.17

Befar Group 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															0.15	0.17	0.23	0.26	0.26

Befar Group Co LT-Debt-to-Total-Asset Calculation

Befar Group 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 )
	=	3551.293	/	21134.389
	=	0.17

Befar Group 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 )
	=	5696.692	/	22339.938
	=	0.26

Befar Group Co (SHSE:601678) 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.

Befar Group Co LT-Debt-to-Total-Asset Related Terms

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

Befar Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Befar Group Co Ltd (SHSE:601678) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.869, Huanghe 5th Road, Shandong Province, Binzhou, CHN, 256619

Website

http://www.befar.com.cn

Befar Group Co Ltd is a China-based chemical company. It is engaged in the business of producing, processing and selling organic and inorganic chemical products. The company's product portfolio includes propylene-oxide, food additives, industrial hydrochloric acid, vinyl chloride, polymer polyol, reagent hydrochloric acid, crude oil emulsifier, and other products. Its industrial chain covers petrochemical, salt chemical, fine chemical, thermal power, port warehousing, financing and others. The company's products are sold in China and other international countries.

Executives

Wang Shu Hua	Director
Yu Jiang	Directors, senior managers
Ren Yuan Bin	senior management
Kong Xiang Jin	senior management
Liu Hong An	senior management
Yan Jin Fu	Supervisors
Wang Li Ming	Director
Xu Feng Jiu	senior management
Yang Zhen Jun	senior management
Jin Jian Quan	Supervisors
Zhang Zhong Zheng	Director
Zhao Hong Xing	senior management
Chu Zhao Sheng	Director
Shi Qin Ling	Director
Liu Bao Gang	senior management

Befar Group Co Headlines

No Headlines