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Shanghai Chuangli Group Co (SHSE:603012) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2025)


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What is Shanghai Chuangli 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. Shanghai Chuangli Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.02.

Shanghai Chuangli Group Co's long-term debt to total assets ratio declined from Mar. 2024 (0.03) to Mar. 2025 (0.02). It may suggest that Shanghai Chuangli Group Co is progressively becoming less dependent on debt to grow their business.


Shanghai Chuangli Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Chuangli 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.

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Shanghai Chuangli Group Co LT-Debt-to-Total-Asset Chart

Shanghai Chuangli Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.02

Shanghai Chuangli Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.03 0.03 0.03 0.02 0.02

Shanghai Chuangli Group Co LT-Debt-to-Total-Asset Calculation

Shanghai Chuangli Group Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=173.24/7742.186
=0.02

Shanghai Chuangli Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )/Total Assets (Q: Mar. 2025 )
=158.859/7721.468
=0.02

* 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.


Shanghai Chuangli Group Co  (SHSE:603012) 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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Shanghai Chuangli Group Co Business Description

Traded in Other Exchanges
N/A
Address
Qifu Road, Qingpu Industrial Park, No. 1568, Shanghai, CHN, 201706
Shanghai Chuangli Group Co Ltd is a coal mining equipment supplier mainly engaged in comprehensive mining machinery and equipment in the coal mine. Its main business is the design, research and development, manufacturing, sales and technology of coal comprehensive mining machinery equipment, coal mine automation control system and mining electrical equipment. Its products are coal comprehensive mining machinery and equipment, including series drum type coal mining machine, series cantilever roadheader, and related spare parts.
Executives
Ju Ming Li senior management
Li Ying Hao Director
Chang Yu Lin senior management
Geng Wei Dong Director
Guan Ya Ping Director
Rui Guo Hong senior management
Li Shu Lin Supervisors
Xing Dong Hui senior management
Shi Hua Hui Director
Wang Zhang Fu senior management
Lin Xiu Min senior management

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