Traffic Control Technology Co (SHSE:688015) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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

Traffic Control Technology Co's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.00). It may suggest that Traffic Control Technology Co is progressively becoming less dependent on debt to grow their business.

Traffic Control Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Traffic Control Technology 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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Traffic Control Technology Co LT-Debt-to-Total-Asset Chart

Traffic Control Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.01

Traffic Control Technology 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															0.01	0.01	0.01	-	-

Traffic Control Technology Co LT-Debt-to-Total-Asset Calculation

Traffic Control Technology 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 )
	=	36.008	/	5713.342
	=	0.01

Traffic Control Technology 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 )
	=	8.751	/	5654.556
	=	0.00

Traffic Control Technology Co (SHSE:688015) 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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Traffic Control Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Traffic Control Technology Co Ltd (SHSE:688015) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Haiying Road, Building 2, 3, Beijing Headquarters, Science and Technology Park, Fengtai District, Beijing, CHN, 100070

Website

http://www.bj-tct.com

Traffic Control Technology Co Ltd is committed towards providing telecom signal system solutions and full lifecycle services for better rail transit. It covers communications-based train control systems, interoperable systems compatible with multiple signal systems, GOA4 level fully automatic operation system and various others.

Executives

Liu Chao	Core technical personnel
Guo Hui	Core technical personnel
Zhi Guo Sheng	senior management
Xiao Xiao	Core technical personnel
Bi Wei Wei	senior management
Fan Ying	Senior management, core technical personnel
Gao Chun Hai	Directors, senior managers
Zhang Yang	senior management
Wang Wei	Senior management, core technical personnel
Yang Xu Wen	Core technical personnel
Huang Qing	senior management
Wang Zhi Yu	senior management
Liu Bo	Core technical personnel
Li Chun Hong	Directors, senior managers
Zhang Jian Ming	senior management

Traffic Control Technology Co Headlines

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