Yunhong Green CTI (STU:VCT) LT-Debt-to-Total-Asset : 0.14 (As of Sep. 2024)

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What is Yunhong Green CTI 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. Yunhong Green CTI's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.14.

Yunhong Green CTI's long-term debt to total assets ratio declined from Sep. 2023 (0.21) to Sep. 2024 (0.14). It may suggest that Yunhong Green CTI is progressively becoming less dependent on debt to grow their business.

Yunhong Green CTI LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yunhong Green CTI'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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Yunhong Green CTI LT-Debt-to-Total-Asset Chart

Yunhong Green CTI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.17

0.33

0.20

Yunhong Green CTI 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															0.21	0.20	0.19	0.14	0.14

Yunhong Green CTI LT-Debt-to-Total-Asset Calculation

Yunhong Green CTI'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 )
	=	3.095	/	15.815
	=	0.20

Yunhong Green CTI'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 )
	=	2.603	/	18.578
	=	0.14

Yunhong Green CTI (STU:VCT) 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.

Yunhong Green CTI LT-Debt-to-Total-Asset Related Terms

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Yunhong Green CTI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Yunhong Green CTI Ltd (STU:VCT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

YHGJ:USA

Address

22160 North Pepper Road, Lake Barrington, IL, USA, 60010

Website

https://www.ctiindustries.com

Yunhong Green CTI Ltd manufactures and marketers of foil balloons and produces laminated and printed films for commercial uses. The company also distributes balloon-inspired and other gift items, and continues development of compostable material solutions, and markets its products throughout the United States and in several other countries.

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