Tibet Development Co (SZSE:000752) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Tibet Development 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. Tibet Development Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Tibet Development Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.01) to Mar. 2024 (0.01).

Tibet Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tibet Development 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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Tibet Development Co LT-Debt-to-Total-Asset Chart

Tibet Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Tibet Development 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															0.01	0.01	0.01	0.01	0.01

Tibet Development Co LT-Debt-to-Total-Asset Calculation

Tibet Development 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 )
	=	4.3	/	926.559
	=	0.00

Tibet Development 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 )
	=	4.3	/	928.697
	=	0.00

Tibet Development Co (SZSE:000752) 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.

Tibet Development Co LT-Debt-to-Total-Asset Related Terms

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Tibet Development Co (SZSE:000752) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tibet Development Co Ltd (SZSE:000752) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Jinzhu West Road, 28-5 Geshanlinka A, Tibet, Lhasa, CHN

Website

http://www.xzfz000752.com

Tibet Development Co Ltd, formerly Tibet Galaxy Science & Technology Development Co Ltd is engaged in the business of producing soft drinks. It is also engaged in aquaculture, entertainment services, the development of saffron products and medical device production in China.

Executives

Shen Ke	Independent director
Liu Qi	Director
Ma Gao Xiang	Director
Zhou Ke Qing	Director

Tibet Development Co (SZSE:000752) Headlines

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