Luster LightTech Co (SHSE:688400) LT-Debt-to-Total-Asset : 0.02 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Luster LightTech 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. Luster LightTech Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.02.

Luster LightTech Co's long-term debt to total assets ratio increased from Jun. 2023 (0.00) to Jun. 2024 (0.02). It may suggest that Luster LightTech Co is progressively becoming more dependent on debt to grow their business.

Luster LightTech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Luster LightTech 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.

* Premium members only.

Luster LightTech Co LT-Debt-to-Total-Asset Chart

Luster LightTech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.02

0.01

Luster LightTech Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	0.01	0.01	0.02	0.02

Luster LightTech Co LT-Debt-to-Total-Asset Calculation

Luster LightTech 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 )
	=	66.737	/	5085.195
	=	0.01

Luster LightTech Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	86.947	/	4972.482
	=	0.02

Luster LightTech Co (SHSE:688400) 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.

Luster LightTech Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Luster LightTech Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Luster LightTech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster LightTech Co Ltd (SHSE:688400) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094

Website

https://www.lusterinc.com

Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.

Executives

Yin Yong Qiang	senior management
Wang Wen Tao	Directors, senior managers

Luster LightTech Co Headlines

No Headlines