Zhejiang Yunzhongma Co (SHSE:603130) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Zhejiang Yunzhongma 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. Zhejiang Yunzhongma Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Zhejiang Yunzhongma Co's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.04). It may suggest that Zhejiang Yunzhongma Co is progressively becoming more dependent on debt to grow their business.

Zhejiang Yunzhongma Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Yunzhongma 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.

Zhejiang Yunzhongma Co LT-Debt-to-Total-Asset Chart

Zhejiang Yunzhongma Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.03

0.04

Zhejiang Yunzhongma Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													-	-	0.02	0.03	0.04

Zhejiang Yunzhongma Co LT-Debt-to-Total-Asset Calculation

Zhejiang Yunzhongma 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 )
	=	110.403	/	3034.229
	=	0.04

Zhejiang Yunzhongma Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	110.403	/	3034.229
	=	0.04

Zhejiang Yunzhongma Co (SHSE:603130) 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.

Zhejiang Yunzhongma Co LT-Debt-to-Total-Asset Related Terms

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

Zhejiang Yunzhongma Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Yunzhongma Co Ltd (SHSE:603130) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Wangsong Street, Wangcun Industrial Zone, Zhejiang Province, Songyang County, Lishui, CHN, 323400

Website

http://www.yzmgf.com

Zhejiang Yunzhongma Co Ltd is engaged in the research and development, production and sales of leather base cloth. It offers artificial leather and synthetic leather base material.

Executives

Ye Fu Zhong	Director
Liu Xue Mei	Director
Pu De Yu	Director
Lu Ya Dong	Directors, senior managers

Zhejiang Yunzhongma Co Headlines

No Headlines