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Shanghai Kai Kai Industry Co (SHSE:900943) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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

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

Shanghai Kai Kai Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Kai Kai Industry 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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Shanghai Kai Kai Industry Co LT-Debt-to-Total-Asset Chart

Shanghai Kai Kai Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.01 - -

Shanghai Kai Kai Industry 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 - 0.01

Shanghai Kai Kai Industry Co LT-Debt-to-Total-Asset Calculation

Shanghai Kai Kai Industry 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 )
=0.477/185.809
=0.00

Shanghai Kai Kai Industry 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 )
=0.94/201.134
=0.00

* 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.

Shanghai Kai Kai Industry Co  (SHSE:900943) 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.

Shanghai Kai Kai Industry Co LT-Debt-to-Total-Asset Related Terms

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Shanghai Kai Kai Industry Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanghai Kai Kai Industry Co Ltd (SHSE:900943) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:603808 SZSE:001209 SZSE:003016 SZSE:301088 SHSE:603908 SZSE:301276 SHSE:603518 SZSE:002687 SHSE:603839 SHSE:600241 OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI BOM:532827 HKSE:03998 SHSE:600398 SHSE:600177
Traded in Other Exchanges
600272:China
Address
4th Floor, No. 565 Jiangning Road, Shanghai, Shanghai, CHN, 200041
Website
http://www.chinesekk.com
Shanghai Kai Kai Industry Co Ltd is mainly engaged in the production, wholesale and retail of shirts and sweaters, as well as the wholesale and retail of Chinese and Western medicines.

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