Beijing Caishikou Department Store Co (SHSE:605599) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Beijing Caishikou Department Store 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. Beijing Caishikou Department Store Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Beijing Caishikou Department Store Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Beijing Caishikou Department Store Co is progressively becoming more dependent on debt to grow their business.

Beijing Caishikou Department Store Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Caishikou Department Store 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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Beijing Caishikou Department Store Co LT-Debt-to-Total-Asset Chart

Beijing Caishikou Department Store Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Beijing Caishikou Department Store Co Quarterly Data
	Dec18	Dec19	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															-	0.01	0.01	0.01	0.01

Beijing Caishikou Department Store Co LT-Debt-to-Total-Asset Calculation

Beijing Caishikou Department Store 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 )
	=	35.864	/	6356.462
	=	0.01

Beijing Caishikou Department Store 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 )
	=	76.048	/	6855.881
	=	0.01

Beijing Caishikou Department Store Co (SHSE:605599) 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.

Beijing Caishikou Department Store Co LT-Debt-to-Total-Asset Related Terms

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Beijing Caishikou Department Store Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Beijing Caishikou Department Store Co Ltd (SHSE:605599) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 306, Guang'anmen Inner Street, Xicheng District, Beijing, CHN, 100053

Website

http://www.bjcaibai.com.cn

Beijing Caishikou Department Store Co Ltd is engaged in the raw material procurement, style design, chain sales and brand operation of gold jewelry products.

Executives

Gao Jian Zhong	Supervisors
Ning Cai Gang	senior management
Shi Lei	senior management
Xie Hua Ping	Directors, senior managers

Beijing Caishikou Department Store Co Headlines

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