Zhejiang Jiaao Enprotech Stock Co (SHSE:603822) LT-Debt-to-Total-Asset : 0.24 (As of Sep. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Zhejiang Jiaao Enprotech Stock 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 Jiaao Enprotech Stock Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.24.

Zhejiang Jiaao Enprotech Stock Co's long-term debt to total assets ratio increased from Sep. 2023 (0.03) to Sep. 2024 (0.24). It may suggest that Zhejiang Jiaao Enprotech Stock Co is progressively becoming more dependent on debt to grow their business.

Zhejiang Jiaao Enprotech Stock Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Jiaao Enprotech Stock 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.

* Premium members only.

Zhejiang Jiaao Enprotech Stock Co LT-Debt-to-Total-Asset Chart

Zhejiang Jiaao Enprotech Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.19

0.17

0.06

0.05

Zhejiang Jiaao Enprotech Stock 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															0.03	0.05	-	0.19	0.24

Zhejiang Jiaao Enprotech Stock Co LT-Debt-to-Total-Asset Calculation

Zhejiang Jiaao Enprotech Stock 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 )
	=	182.121	/	3539.873
	=	0.05

Zhejiang Jiaao Enprotech Stock 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 )
	=	1298.891	/	5360.497
	=	0.24

Zhejiang Jiaao Enprotech Stock Co (SHSE:603822) 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 Jiaao Enprotech Stock Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Zhejiang Jiaao Enprotech Stock Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Jiaao Enprotech Stock Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Jiaao Enprotech Stock Co Ltd (SHSE:603822) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.761 Chongfu Avenue, Economic Development Zone, Zhejiang Province, Tongxiang, CHN, 314500

Website

http://www.jiaaohuanbao.com

Zhejiang Jiaao Enprotech Stock Co Ltd is engaged in manufacturing non-toxic, environment-friendly plasticizers stabilizer products, which are widely used in PVC medical devices, Artificial utensils, car interiors, children's toys, food packaging, building materials, pipes, plastic films, plastic flooring. It offers products like dioctyl terephthalate, dioctyl adipate, dioctyl sebacate, and trioctyl trimellitate, Liquid calcium-zinc composite heat stabilizer, and Liquid calcium-zinc composite heat stabilizer.

Executives

Shen Jian	Director
Yang Gang	Director
Wu Yi Min	senior management
Fu Jun Hong	Supervisors
Wang Yan Tao	Director

Zhejiang Jiaao Enprotech Stock Co Headlines

No Headlines