Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Southchip Semiconductor Technology (Shanghai) 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. Southchip Semiconductor Technology (Shanghai) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Southchip Semiconductor Technology (Shanghai) Co's long-term debt to total assets ratio declined from Mar. 2023 (0.00) to Mar. 2024 (0.00). It may suggest that Southchip Semiconductor Technology (Shanghai) Co is progressively becoming less dependent on debt to grow their business.

Southchip Semiconductor Technology (Shanghai) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Southchip Semiconductor Technology (Shanghai) 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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Southchip Semiconductor Technology (Shanghai) Co LT-Debt-to-Total-Asset Chart

Southchip Semiconductor Technology (Shanghai) Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

Southchip Semiconductor Technology (Shanghai) Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								-	-	-	-	-

Southchip Semiconductor Technology (Shanghai) Co LT-Debt-to-Total-Asset Calculation

Southchip Semiconductor Technology (Shanghai) 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 )
	=	2.592	/	4461.86
	=	0.00

Southchip Semiconductor Technology (Shanghai) Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1.685	/	4419.887
	=	0.00

Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) 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.

Southchip Semiconductor Technology (Shanghai) Co LT-Debt-to-Total-Asset Related Terms

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Southchip Semiconductor Technology (Shanghai) Co (SHSE:688484) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Southchip Semiconductor Technology (Shanghai) Co Ltd (SHSE:688484) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54, Lane 565, Shengxia Road, Room 1601, Building 4, Pilot Free Trade Zone, Shanghai, CHN, 201210

Website

http://www.southchip.com

Southchip Semiconductor Technology (Shanghai) Co Ltd is engaged in the research and development, design and sales of analog and embedded chips, power supply and battery management.

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