Shenzhen Qingyi Photomask (SHSE:688138) LT-Debt-to-Total-Asset : 0.10 (As of Sep. 2024)

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What is Shenzhen Qingyi Photomask 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. Shenzhen Qingyi Photomask's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.10.

Shenzhen Qingyi Photomask's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.10). It may suggest that Shenzhen Qingyi Photomask is progressively becoming more dependent on debt to grow their business.

Shenzhen Qingyi Photomask LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Qingyi Photomask'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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Shenzhen Qingyi Photomask LT-Debt-to-Total-Asset Chart

Shenzhen Qingyi Photomask Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.05

0.04

Shenzhen Qingyi Photomask 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															0.04	0.04	0.07	0.07	0.10

Shenzhen Qingyi Photomask LT-Debt-to-Total-Asset Calculation

Shenzhen Qingyi Photomask'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 )
	=	77.837	/	2076.683
	=	0.04

Shenzhen Qingyi Photomask'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 )
	=	255.468	/	2596.14
	=	0.10

Shenzhen Qingyi Photomask (SHSE:688138) 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.

Shenzhen Qingyi Photomask LT-Debt-to-Total-Asset Related Terms

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Shenzhen Qingyi Photomask Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Qingyi Photomask Ltd (SHSE:688138) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Road Langshang two, North of High-tech Park, Building QingYi Photoelectric, Shenzhen, CHN

Website

http://en.supermask.com/

Shenzhen Qingyi Photomask Ltd is a manufacturer of high precision mask that integrates research, design, production and sales with the technology in China. Its products include TFT, color STN, STN and TNLCD chrome plate mask, EL, OLED chrome plate mask; PDP, VFD chrome plate mask, and IC capsulation, HDI, including chrome plate mask and dry mask, such as BGA, CSP, and BUMPING.

Executives

Xiong Qi Long	Core technical personnel
Deng Zhen Yu	Core technical personnel
Hao Ming Yi	Core technical personnel
Hou Hong Hao	Core technical personnel
Qin Shen	senior management
Chen Hai Ying	Supervisors

Shenzhen Qingyi Photomask Headlines

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