OKE Precision Cutting Tools Co (SHSE:688308) LT-Debt-to-Total-Asset: 0.02 (As of Mar. 2026)

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SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
68 GF Score
Price ¥97.24
GF Value ¥46.17
Valuation Significantly Overvalued
! 6 Warning Signs
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What is OKE Precision Cutting Tools Co LT-Debt-to-Total-Asset?

OKE Precision Cutting Tools Co SHSE:688308 +1.29% 68 LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus rates SHSE:688308 with a GF Score™ of 68/100 and a GF Value™ of ¥46.17 (Significantly Overvalued). The stock has 6 warning signs investors should review.

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. OKE Precision Cutting Tools Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.02.

OKE Precision Cutting Tools Co's long-term debt to total assets ratio declined from Mar. 2025 (0.02) to Mar. 2026 (0.02). It may suggest that OKE Precision Cutting Tools Co is progressively becoming less dependent on debt to grow their business.


OKE Precision Cutting Tools Co  (SHSE:688308) 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.


OKE Precision Cutting Tools Co LT-Debt-to-Total-Asset Related Terms


OKE Precision Cutting Tools Co LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co LT-Debt-to-Total-Asset Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.02 0.01

OKE Precision Cutting Tools Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.01 0.02
SHSE:688308
68GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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OKE Precision Cutting Tools Co LT-Debt-to-Total-Asset Calculation

OKE Precision Cutting Tools Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=50.954/3839.028
=0.01

OKE Precision Cutting Tools Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=83.068/4580.355
=0.02

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a LT-Debt-to-Total-Asset of 0.02 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on OKE Precision Cutting Tools Co and its competitors.
Is OKE Precision Cutting Tools Co's LT-Debt-to-Total-Asset too high?
OKE Precision Cutting Tools Co's current LT-Debt-to-Total-Asset is 0.02. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's LT-Debt-to-Total-Asset compare to SNA and RBC?
OKE Precision Cutting Tools Co's LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Industrial Products company?
A good LT-Debt-to-Total-Asset depends on the Industrial Products industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on OKE Precision Cutting Tools Co and its competitors. OKE Precision Cutting Tools Co's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥46.17, compared to a current price of ¥97.24 — trading 110.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.02. OKE Precision Cutting Tools Co's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For OKE Precision Cutting Tools Co (SHSE:688308), the current LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥97.24 is trading 110.6% above its estimated GF Value™ of ¥46.17. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • LT-Debt-to-Total-Asset: 0.02
  • GF Value™: ¥46.17 vs. price of ¥97.24 (110.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
68GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥97.24
Price
¥46.17
GF Value