Jiangxi Sunshine Dairy Co (SZSE:001318) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Jiangxi Sunshine Dairy 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. Jiangxi Sunshine Dairy Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Jiangxi Sunshine Dairy Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.00). It may suggest that Jiangxi Sunshine Dairy Co is progressively becoming more dependent on debt to grow their business.

Jiangxi Sunshine Dairy Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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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Jiangxi Sunshine Dairy Co LT-Debt-to-Total-Asset Chart

Jiangxi Sunshine Dairy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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Jiangxi Sunshine Dairy Co Quarterly Data
	Dec18	Dec19	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											-	-	-	-	-

Jiangxi Sunshine Dairy Co LT-Debt-to-Total-Asset Calculation

Jiangxi Sunshine Dairy 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 )
	=	1.738	/	1427.404
	=	0.00

Jiangxi Sunshine Dairy 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 )
	=	1.738	/	1426.601
	=	0.00

Jiangxi Sunshine Dairy Co (SZSE:001318) 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.

Jiangxi Sunshine Dairy Co LT-Debt-to-Total-Asset Related Terms

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Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Sunshine Dairy Co Ltd (SZSE:001318) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043

Website

http://www.6103758.com

Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.

Jiangxi Sunshine Dairy Co (SZSE:001318) Headlines

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