Zhejiang Liju Thermal Equipment Co (SHSE:603391) LT-Debt-to-Total-Asset: 0.01 (As of Mar. 2026)

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Zhejiang Liju Thermal Equipment Co Ltd SHSE:603391

What is Zhejiang Liju Thermal Equipment Co LT-Debt-to-Total-Asset?

Zhejiang Liju Thermal Equipment Co SHSE:603391 -2.18% 40 LT-Debt-to-Total-Asset is 0.01 as of Mar. 2026. GuruFocus rates SHSE:603391 with a GF Score™ of 40/100. The stock has 6 warning signs investors should review.

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 Liju Thermal Equipment Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.01.

Zhejiang Liju Thermal Equipment Co's long-term debt to total assets ratio declined from Mar. 2025 (0.01) to Mar. 2026 (0.01). It may suggest that Zhejiang Liju Thermal Equipment Co is progressively becoming less dependent on debt to grow their business.

Zhejiang Liju Thermal Equipment Co (SHSE:603391) 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 Liju Thermal Equipment Co LT-Debt-to-Total-Asset Related Terms

Zhejiang Liju Thermal Equipment Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Zhejiang Liju Thermal Equipment 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.

Zhejiang Liju Thermal Equipment Co LT-Debt-to-Total-Asset Chart

Zhejiang Liju Thermal Equipment Co Annual Data

Trend

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Dec25

LT-Debt-to-Total-Asset

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0.00

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0.01

Zhejiang Liju Thermal Equipment Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.01	0.01	0.01	0.01	0.01

40GF Score

Zhejiang Liju Thermal Equipment Co Ltd SHSE:603391

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Zhejiang Liju Thermal Equipment Co LT-Debt-to-Total-Asset Calculation

Zhejiang Liju Thermal Equipment Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	37.909	/	3362.328
	=	0.01

Zhejiang Liju Thermal Equipment Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	37.891	/	3278.253
	=	0.01

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.01 mean?

Zhejiang Liju Thermal Equipment Co (SHSE:603391) has a LT-Debt-to-Total-Asset of 0.01 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhejiang Liju Thermal Equipment Co and its competitors.

Is Zhejiang Liju Thermal Equipment Co's LT-Debt-to-Total-Asset too high?

Zhejiang Liju Thermal Equipment Co's current LT-Debt-to-Total-Asset is 0.01. Overall, Zhejiang Liju Thermal Equipment Co has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.

How does Zhejiang Liju Thermal Equipment Co's LT-Debt-to-Total-Asset compare to GEV and ETN?

Zhejiang Liju Thermal Equipment Co's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for an Industrial Products company?

A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Zhejiang Liju Thermal Equipment Co and its competitors. Zhejiang Liju Thermal Equipment Co's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Zhejiang Liju Thermal Equipment Co stock overvalued right now?

Zhejiang Liju Thermal Equipment Co (SHSE:603391) has a current LT-Debt-to-Total-Asset of 0.01. The current LT-Debt-to-Total-Asset is 0.01. Zhejiang Liju Thermal Equipment Co's overall GF Score™ is 40/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Zhejiang Liju Thermal Equipment Co (SHSE:603391), the current LT-Debt-to-Total-Asset is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhejiang Liju Thermal Equipment Co Business Description

Industry Industrials Industrial Products

Comparable Companies SZSE:300569 SHSE:688633 SHSE:601177 SZSE:300812 SZSE:300669 SZSE:002520 SHSE:603088 SZSE:300797 SHSE:603090 SHSE:603015 GEV XTER:SIE XPAR:SU ETN XTER:ENR PH CMI OSTO:ATCO A EMR ITW

Address Maowu Road, No. 9, Shangqiang Industrial Park, Daixi Town, Wuxing District, Zhejiang Province, Huzhou, CHN, 313200

Website https://www.chinaliju.com.cn

Zhejiang Liju Thermal Equipment Co Ltd is engaged in the research and development, production and sales of hot water boilers and steam boilers.

40GF Score

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