Zhejiang Wufangzhai Industry Co (SHSE:603237) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2025)

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

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

Zhejiang Wufangzhai Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Wufangzhai Industry 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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Zhejiang Wufangzhai Industry Co LT-Debt-to-Total-Asset Chart

Zhejiang Wufangzhai Industry Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.14

0.05

0.03

0.02

Zhejiang Wufangzhai Industry Co Quarterly Data
	Dec18	Dec19	Dec20	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														0.02	0.02	0.02	0.02	0.02

Zhejiang Wufangzhai Industry Co LT-Debt-to-Total-Asset Calculation

Zhejiang Wufangzhai Industry 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 )
	=	44.802	/	2258.653
	=	0.02

Zhejiang Wufangzhai Industry 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 )
	=	44.462	/	2653.246
	=	0.02

Zhejiang Wufangzhai Industry Co (SHSE:603237) 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 Wufangzhai Industry Co LT-Debt-to-Total-Asset Related Terms

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Zhejiang Wufangzhai Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhejiang Wufangzhai Industry Co Ltd (SHSE:603237) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2946, Zhongshan West Road, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314000

Website

https://www.wufangzhai.com

Zhejiang Wufangzhai Industry Co Ltd is engaged in the research and development, production and sales of glutinous rice food.

Executives

Yu Ying Qian	senior management
Huang Jin Yang	senior management
Ma Jian Zhong	Directors, senior managers
Xu Wei	senior management
Shen Yan Ping	senior management
Chen Chuan Liang	Directors, senior managers
Ma Dong Da	senior management
Wei Rong Ming	Director
Hu Jian Min	Supervisors

Zhejiang Wufangzhai Industry Co Headlines

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