Beijing SinoHytec Co (SHSE:688339) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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

Beijing SinoHytec Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Beijing SinoHytec Co is progressively becoming more dependent on debt to grow their business.

Beijing SinoHytec Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing SinoHytec 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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Beijing SinoHytec Co LT-Debt-to-Total-Asset Chart

Beijing SinoHytec Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Beijing SinoHytec 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															-	-	-	-	0.01

Beijing SinoHytec Co LT-Debt-to-Total-Asset Calculation

Beijing SinoHytec 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 )
	=	21.299	/	4945.721
	=	0.00

Beijing SinoHytec 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 )
	=	26.413	/	4975.44
	=	0.01

Beijing SinoHytec Co (SHSE:688339) 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.

Beijing SinoHytec Co LT-Debt-to-Total-Asset Related Terms

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Beijing SinoHytec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beijing SinoHytec Co Ltd (SHSE:688339) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

02402:Hong Kong

Address

Zhongguancun, No. 66, Xixiaokou Road, Room C701, 7th Floor, Block C, Building B-6, Dongsheng Technology Park, Haidian District, Beijing, CHN, 100192

Website

https://www.sinohytec.com

Beijing SinoHytec Co Ltd is engaged in the electrical machinery and equipment manufacturing industry and its main products and services are fuel cell engine systems and related technology development services Its products are Hydrogen Fuel Cell EngineCombined Heat and PowerElectrolyzer.

Executives

Yu Min	Director
Kang Zhi	Director
Dai Dong Zhe	Director
Song Hai Ying	Director
Zhang Guo Qiang	Director
Zhang He	Supervisors
Fang Chuan	Core technical personnel
Zhou Peng Fei	Supervisors

Beijing SinoHytec Co Headlines

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