Rigol Technologies Co (SHSE:688337) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Rigol Technologies 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. Rigol Technologies Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Rigol Technologies Co's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Rigol Technologies Co is progressively becoming more dependent on debt to grow their business.

Rigol Technologies Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rigol Technologies 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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Rigol Technologies Co LT-Debt-to-Total-Asset Chart

Rigol Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Rigol Technologies Co Quarterly Data
	Dec18	Dec19	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	0.02	0.01

Rigol Technologies Co LT-Debt-to-Total-Asset Calculation

Rigol Technologies 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 )
	=	26.195	/	3265.682
	=	0.01

Rigol Technologies 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 )
	=	53.333	/	3818.415
	=	0.01

Rigol Technologies Co (SHSE:688337) 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.

Rigol Technologies Co LT-Debt-to-Total-Asset Related Terms

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Rigol Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rigol Technologies Co Ltd (SHSE:688337) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 8 Keling Road, High-tech Zone, Jiangsu Province, Suzhou City, CHN, 215163

Website

https://www.rigol.com

Rigol Technologies Co Ltd is engaged in the research and development, production and sales of general electronic measuring instruments.

Executives

Luo Qi Yong

Core technical personnel

Rigol Technologies Co Headlines

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