Luyang Energy-Saving Materials Co (SZSE:002088) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Luyang Energy-Saving Materials 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. Luyang Energy-Saving Materials Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Luyang Energy-Saving Materials Co's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.00). It may suggest that Luyang Energy-Saving Materials Co is progressively becoming less dependent on debt to grow their business.

Luyang Energy-Saving Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Luyang Energy-Saving Materials 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.

* Premium members only.

Luyang Energy-Saving Materials Co LT-Debt-to-Total-Asset Chart

Luyang Energy-Saving Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.03

0.01

Luyang Energy-Saving Materials Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	-

Luyang Energy-Saving Materials Co LT-Debt-to-Total-Asset Calculation

Luyang Energy-Saving Materials 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 )
	=	15.476	/	3835
	=	0.00

Luyang Energy-Saving Materials Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	12.979	/	3568.322
	=	0.00

Luyang Energy-Saving Materials Co (SZSE:002088) 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.

Luyang Energy-Saving Materials Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Luyang Energy-Saving Materials Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Luyang Energy-Saving Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Luyang Energy-Saving Materials Co Ltd (SZSE:002088) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Yihe Road, Yiyuan County, Zibo, Shandong, CHN, 256120

Website

http://www.luyang.com

Luyang Energy-Saving Materials Co Ltd is engaged in the ceramic and fibre industries in China.

Executives

Lu Chao	Executives
Sheng Xin Tai	Directors, executives
Du Yi Xue	Secretary Dong
Ma Zhong Jun	Executives
Zheng Wei Jin	Executives
Lu Cheng Bin	Director
Bi Yan Hai	Supervisors
Gao Jun Chang	Director
Lu Cheng Hong	Executives
Wang Kan	Executives
Wang Ai Ming	Director
Lu Mei Jun	Supervisors
Du Zhao Feng	Supervisors
Yang Jie Hui	Securities Affairs Representative
Liu Zhao Juan	Executives

Luyang Energy-Saving Materials Co Headlines

No Headlines