Swancor Advanced Materials Co (SHSE:688585) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Swancor Advanced Materials 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. Swancor Advanced Materials Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

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

Swancor Advanced Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Swancor Advanced Materials 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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Swancor Advanced Materials Co LT-Debt-to-Total-Asset Chart

Swancor Advanced Materials Co Annual Data

Trend

Dec16

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Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

Swancor Advanced Materials 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															-	-	-	0.01	0.01

Swancor Advanced Materials Co LT-Debt-to-Total-Asset Calculation

Swancor Advanced Materials 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 )
	=	15.05	/	1960
	=	0.01

Swancor Advanced Materials 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 )
	=	15.05	/	1960
	=	0.01

Swancor Advanced Materials Co (SHSE:688585) 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.

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Swancor Advanced Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Swancor Advanced Materials Co Ltd (SHSE:688585) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

618 Songsheng Road, Songjiang District, Shanghai, CHN, 201613

Website

http://www.swancor.com

Swancor Advanced Materials Co Ltd is a manufacturer of specialty chemicals. The company's main product lines of fine chemical are vinyl ester for anti-corrosion tank and pipe for factories, desulfurization tank, and chimney for power plants; and the other one is epoxy resin and hardener for wind turbine blade. Its products are Epoxy Vinyl Ester Resin & UPR, SMC/BMC Materials, Wind Turbine Materials, and LED Encapsulation Materials.

Executives

Wang Da Wei	Director
Li Pei Yi	senior management
Xiao Hong	Core technical personnel

Swancor Advanced Materials Co Headlines

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