Xinjiang Xuefeng Sci-Tech (Group) Co (SHSE:603227) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

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What is Xinjiang Xuefeng Sci-Tech (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. Xinjiang Xuefeng Sci-Tech (Group) Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Xinjiang Xuefeng Sci-Tech (Group) Co's long-term debt to total assets ratio increased from Sep. 2023 (0.05) to Sep. 2024 (0.06). It may suggest that Xinjiang Xuefeng Sci-Tech (Group) Co is progressively becoming more dependent on debt to grow their business.

Xinjiang Xuefeng Sci-Tech (Group) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xinjiang Xuefeng Sci-Tech (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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Xinjiang Xuefeng Sci-Tech (Group) Co LT-Debt-to-Total-Asset Chart

Xinjiang Xuefeng Sci-Tech (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.03

0.05

0.02

0.04

Xinjiang Xuefeng Sci-Tech (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															0.05	0.04	0.06	0.07	0.06

Xinjiang Xuefeng Sci-Tech (Group) Co LT-Debt-to-Total-Asset Calculation

Xinjiang Xuefeng Sci-Tech (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 )
	=	337.315	/	7652.935
	=	0.04

Xinjiang Xuefeng Sci-Tech (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 )
	=	442.756	/	7998.932
	=	0.06

Xinjiang Xuefeng Sci-Tech (Group) Co (SHSE:603227) 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.

Xinjiang Xuefeng Sci-Tech (Group) Co LT-Debt-to-Total-Asset Related Terms

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Xinjiang Xuefeng Sci-Tech (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Xinjiang Xuefeng Sci-Tech (Group) Co Ltd (SHSE:603227) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinjiang Tianshan Green Springs Road, 246 East Lane, Urumqi, CHN, 830002

Website

http://www.xjxfkj.com

Xinjiang Xuefeng Sci-Tech (Group) Co Ltd is engaged in the manufacturing and distribution of chemical raw materials.

Executives

Li Bao She	Director
Kang Jian	Director
Zhou Xiao Li	senior management
Jiang Zhao Xin	senior management
Wang Xin	senior management
Lv Wen Ying	senior management
Shao Ming Hai	Director
Guo Zhong	senior management
Chen Yu Xiang	Supervisors
Liu Zhi Yi	Supervisors
Zhang Cheng Jun	senior management
Feng Zhong Bo	Director

Xinjiang Xuefeng Sci-Tech (Group) Co Headlines

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