Cybrid Technologies (SHSE:603212) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Cybrid Technologies 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. Cybrid Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Cybrid Technologies's long-term debt to total assets ratio declined from Sep. 2023 (0.06) to Sep. 2024 (0.02). It may suggest that Cybrid Technologies is progressively becoming less dependent on debt to grow their business.

Cybrid Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cybrid Technologies'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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Cybrid Technologies LT-Debt-to-Total-Asset Chart

Cybrid Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.18

0.10

0.02

Cybrid Technologies 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															0.06	0.02	0.02	0.04	0.02

Cybrid Technologies LT-Debt-to-Total-Asset Calculation

Cybrid Technologies'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 )
	=	118.052	/	4942.04
	=	0.02

Cybrid Technologies'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 )
	=	67.344	/	4621.842
	=	0.01

Cybrid Technologies (SHSE:603212) 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.

Cybrid Technologies LT-Debt-to-Total-Asset Related Terms

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Cybrid Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Cybrid Technologies Inc (SHSE:603212) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 369 Yegang Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215299

Website

https://www.cybrid.com.cn

Cybrid Technologies Inc is engaged in production and sales of thin-film functional polymer materials. The company produces high-tech composite materials, plastic processing special equipment and devices; sales of solar cell components and related accessories; synthetic resins, adhesives, and tapes.

Executives

Yan Wen Qin	Directors, senior managers
Chen Hong Ye	Directors, senior managers
Gao Tian Bo	Directors, senior managers
Chen Xiao Ying	senior management
Chen Da Wei	senior management

Cybrid Technologies Headlines

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