Yunnan Nantian Electronics Information Co (SZSE:000948) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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What is Yunnan Nantian Electronics Information 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. Yunnan Nantian Electronics Information Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Yunnan Nantian Electronics Information Co's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.05). It may suggest that Yunnan Nantian Electronics Information Co is progressively becoming less dependent on debt to grow their business.

Yunnan Nantian Electronics Information Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yunnan Nantian Electronics Information 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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Yunnan Nantian Electronics Information Co LT-Debt-to-Total-Asset Chart

Yunnan Nantian Electronics Information Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.06

0.08

Yunnan Nantian Electronics Information 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															0.11	0.08	0.10	0.07	0.05

Yunnan Nantian Electronics Information Co LT-Debt-to-Total-Asset Calculation

Yunnan Nantian Electronics Information 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 )
	=	810.07	/	9859.326
	=	0.08

Yunnan Nantian Electronics Information 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 )
	=	444.583	/	8657.35
	=	0.05

Yunnan Nantian Electronics Information Co (SZSE:000948) 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.

Yunnan Nantian Electronics Information Co LT-Debt-to-Total-Asset Related Terms

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Yunnan Nantian Electronics Information Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yunnan Nantian Electronics Information Co Ltd (SZSE:000948) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 455 East Ring Road, Yunnan Province, Kunming, CHN, 650041

Website

http://www.nantian.com.cn

Yunnan Nantian Electronics Information Co Ltd is a China-based company operating in the information technology industry. The company provides hardware and software products and solutions to banking and financial industry, system integration, software development, payment solutions, consultancy, and services outsourcing. Its business activities include specialized hardware products for the banking industry including passbook printer, kiosks, rail transit equipment, and point of sale (POS) terminal. It also provides payment solution from the terminal to platform and operation to services, including software platform, terminal and operation services, system integration.

Executives

Chen Yu Feng	Director
Ding Jia Yi	Director
Wu Shu Jun	Director
Feng Wei Hua	Supervisors
Xu Hong Can	Directors, executives
Chen Zhi	Executives
Liu Wei	Director
Lei Jian	Secretary, Director
Yang Tun	Executives
Zhang Wei Ping	Supervisors
Gao Wen Feng	Supervisors
Song Wei Quan	Executives
Chen De Ying	Executives
Zhang Jin Hong	Director
Jiang Dong	Secretary Dong

Yunnan Nantian Electronics Information Co Headlines

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