Center International Group Co (SHSE:603098) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Center International 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. Center International Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Center International Group Co's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.04). It may suggest that Center International Group Co is progressively becoming less dependent on debt to grow their business.

Center International Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Center International 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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Center International Group Co LT-Debt-to-Total-Asset Chart

Center International Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.13

0.12

0.03

0.06

0.04

Center International Group 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															0.06	0.06	0.06	0.04	0.04

Center International Group Co LT-Debt-to-Total-Asset Calculation

Center International 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 )
	=	257.904	/	6427.431
	=	0.04

Center International Group 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 )
	=	240.554	/	6049.163
	=	0.04

Center International Group Co (SHSE:603098) 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.

Center International Group Co LT-Debt-to-Total-Asset Related Terms

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Center International Group Co (SHSE:603098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Center International Group Co Ltd (SHSE:603098) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 3 Yongchang North Road, Room 8404, Building 3, Economic and Technological Development Zone, Beijing, CHN, 100176

Website

http://www.centerint.com

Center International Group Co Ltd is engaged in design, manufacturing and construction of structural steel buildings in China. Its projects include automobile logistics, petrochemical and among others.

Executives

Chen Jun Chen	senior management
Ye Yuan	senior management
Meng Tuo	Supervisors
Yan Jian	senior management
Jiang Hai Feng	senior management
Weng Jia En	Director
Liu Ai Sen	Director
Chen Wei Lin	senior management
Chen Wen	senior management
Liu De Shun	senior management
Gao Wei	Supervisors
Miao Ze Xian	senior management
Xie Li	Supervisors
Li Gui Ru	Director

Center International Group Co (SHSE:603098) Headlines

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