Bozhon Precision Industry Technology Co (SHSE:688097) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is Bozhon Precision Industry 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. Bozhon Precision Industry Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Bozhon Precision Industry Technology Co's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.05). It may suggest that Bozhon Precision Industry Technology Co is progressively becoming less dependent on debt to grow their business.

Bozhon Precision Industry Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bozhon Precision Industry 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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Bozhon Precision Industry Technology Co LT-Debt-to-Total-Asset Chart

Bozhon Precision Industry Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.05

0.03

0.07

0.06

Bozhon Precision Industry 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															0.05	0.06	0.03	0.04	0.05

Bozhon Precision Industry Technology Co LT-Debt-to-Total-Asset Calculation

Bozhon Precision Industry 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 )
	=	431.301	/	7822.402
	=	0.06

Bozhon Precision Industry 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 )
	=	417.515	/	8902.984
	=	0.05

Bozhon Precision Industry Technology Co (SHSE:688097) 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.

Bozhon Precision Industry Technology Co LT-Debt-to-Total-Asset Related Terms

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Bozhon Precision Industry Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bozhon Precision Industry Technology Co Ltd (SHSE:688097) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 666, Huxin West Road, Wujiang Economic and Technological Development Zone, Jiangsu Province, Suzhou, CHN, 215222

Website

https://www.bozhon.com

Bozhon Precision Industry Technology Co Ltd is engaged in the research and development, design, production, sales and technical services of automation equipment, automated flexible production lines, automated key components, and tooling tools.

Executives

Zhi Chuan Ming	Core technical personnel
Han Jie	Directors, senior managers
Jiang Jian	Directors, senior managers
Zhu Xiao Feng	Core technical personnel
Ma Jin Yong	senior management
Song Huai Liang	Directors, senior managers
Huang Liang Zhi	senior management
Meng Jian	Senior management, core technical personnel
Yang Yu Qiang	Senior management, core technical personnel
Lv Shao Lin	Director

Bozhon Precision Industry Technology Co Headlines

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