Chengdu M&S Electronics Technology Co (SHSE:688311) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Chengdu M&S Electronics 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. Chengdu M&S Electronics Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Chengdu M&S Electronics Technology Co's long-term debt to total assets ratio declined from Dec. 2023 (0.12) to Dec. 2024 (0.07). It may suggest that Chengdu M&S Electronics Technology Co is progressively becoming less dependent on debt to grow their business.

Chengdu M&S Electronics Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chengdu M&S Electronics 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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Chengdu M&S Electronics Technology Co LT-Debt-to-Total-Asset Chart

Chengdu M&S Electronics Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.05

0.06

0.04

0.12

0.07

Chengdu M&S Electronics Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.12	0.12	0.13	0.07

Chengdu M&S Electronics Technology Co LT-Debt-to-Total-Asset Calculation

Chengdu M&S Electronics Technology Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	152.482	/	2343.358
	=	0.07

Chengdu M&S Electronics Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	152.482	/	2343.358
	=	0.07

Chengdu M&S Electronics Technology Co (SHSE:688311) 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.

Chengdu M&S Electronics Technology Co LT-Debt-to-Total-Asset Related Terms

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Chengdu M&S Electronics Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chengdu M&S Electronics Technology Co Ltd (SHSE:688311) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Xixin Avenue, Building 1, Building 5, Huidu Headquarters Park, High-tech West District, Sichuan Province, Chengdu, CHN, 611731

Website

http://www.microwave-signal.com

Chengdu M&S Electronics Technology Co Ltd is engaged in manufacturing of related products in the field of satellite application technology. The company manufactures satellite navigation, satellite communication terminal equipment. The functions of navigation products include timing, positioning, navigation, direction finding, among others. Its Satellite communication products are carried on board, vehicle, and ship, and are used in the field of civil satellite communication.

Executives

Luo Shun Hua	Core technical personnel
Wen Qian Wei	Core technical personnel
Liu Rong	Directors, senior managers
Xiang Rong	Director, core technical staff
Tan Guang Quan	Director, core technical staff
Chen Ying	senior management
Mao Gang Lie	Directors, senior managers
Xiang Jing	Directors, senior managers

Chengdu M&S Electronics Technology Co Headlines

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