Lafang China Co (SHSE:603630) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Lafang China 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. Lafang China Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Lafang China Co's long-term debt to total assets ratio declined from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Lafang China Co is progressively becoming less dependent on debt to grow their business.

Lafang China Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lafang China 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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Lafang China Co LT-Debt-to-Total-Asset Chart

Lafang China Co Annual Data

Trend

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LT-Debt-to-Total-Asset

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Lafang China 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															-	-	-	-	-

Lafang China Co LT-Debt-to-Total-Asset Calculation

Lafang China 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 )
	=	0.912	/	2180.443
	=	0.00

Lafang China 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 )
	=	0	/	2218.402
	=	0.00

Lafang China Co (SHSE:603630) 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.

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Lafang China Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lafang China Co Ltd (SHSE:603630) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Longjiang Road, Lafang Building, Wanji Industrial Zone, Guangdong Province, Chaonan District, Shantou, CHN, 515041

Website

http://www.laf.cn

Lafang China Co Ltd research and development, production and sales of daily chemical products.

Executives

Wu Gui Qian	Director
Lin Chan Zhen	Supervisors

Lafang China Co Headlines

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