Yang Guang Co (SZSE:000608) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Yang Guang 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. Yang Guang Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Yang Guang Co's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that Yang Guang Co is progressively becoming less dependent on debt to grow their business.

Yang Guang Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yang Guang 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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Yang Guang Co LT-Debt-to-Total-Asset Chart

Yang Guang Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.16

0.11

0.10

0.09

Yang Guang Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.09	0.09	0.09

Yang Guang Co LT-Debt-to-Total-Asset Calculation

Yang Guang 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 )
	=	381.146	/	4334.996
	=	0.09

Yang Guang 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 )
	=	375.912	/	4319.702
	=	0.09

Yang Guang Co (SZSE:000608) 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.

Yang Guang Co LT-Debt-to-Total-Asset Related Terms

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Yang Guang Co (SZSE:000608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yang Guang Co Ltd (SZSE:000608) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No.112 Xizhimen Outer Street, Sunshine Plaza, 11F, Xicheng District, Beijing, CHN, 100044

Website

http://www.yangguangxinye.com

Yang Guang Co Ltd operates in the real estate sector. The company is engaged in the development of commercial, residential and integrated real estate properties.

Executives

Chen Zhong Mou	Executives
Fu Jin Long	Executives
Xiong Wei	Directors, executives
Li Yun Chang	Supervisors
Liu Jian Tu	Supervisors
Wu Wei Guang	Supervisors
He Xi	Directors, executives
Shen Kui	Executives
Zhao Bo	Secretary Dong
Tang Jun	Secretary, Director
Li Guo Ping	Executives
Wu Yao	Executives
Hou Guo Min	Directors, executives

Yang Guang Co (SZSE:000608) Headlines

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