Daqing Huake Co (SZSE:000985) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Daqing Huake 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. Daqing Huake Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Daqing Huake Co's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Daqing Huake Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daqing Huake 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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Daqing Huake Co LT-Debt-to-Total-Asset Chart

Daqing Huake Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Daqing Huake 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															-	-	-	-	-

Daqing Huake Co LT-Debt-to-Total-Asset Calculation

Daqing Huake 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	/	701.937
	=	0.00

Daqing Huake 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	/	778.716
	=	0.00

Daqing Huake Co (SZSE:000985) 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.

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Daqing Huake Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Daqing Huake Co Ltd (SZSE:000985) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 239 Jianshe Road, High-tech Industrial Development Zone, Heilongjiang Province, Daqing, CHN, 163316

Website

http://www.huake.com

Daqing Huake Co Ltd is a China-based company primarily engaged in the production and sale of refined chemical products. The company's main products include hydrogenated pentene, polypropylene, heavy aromatic hydrocarbons, ethylene tar, piperylene petroleum, crude isoprene and light aromatic hydrocarbons.

Executives

Li Yi Hui	Supervisors
Yan Tian Sheng	Supervisors

Daqing Huake Co Headlines

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