Shenzhen Noposion Crop Science Co (SZSE:002215) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Shenzhen Noposion Crop Science 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. Shenzhen Noposion Crop Science Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Shenzhen Noposion Crop Science Co's long-term debt to total assets ratio increased from Mar. 2023 (0.08) to Mar. 2024 (0.09). It may suggest that Shenzhen Noposion Crop Science Co is progressively becoming more dependent on debt to grow their business.

Shenzhen Noposion Crop Science Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Noposion Crop Science 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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Shenzhen Noposion Crop Science Co LT-Debt-to-Total-Asset Chart

Shenzhen Noposion Crop Science Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.04

0.06

0.09

Shenzhen Noposion Crop Science 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															0.08	0.08	0.08	0.09	0.09

Shenzhen Noposion Crop Science Co LT-Debt-to-Total-Asset Calculation

Shenzhen Noposion Crop Science 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 )
	=	1003.487	/	10867.932
	=	0.09

Shenzhen Noposion Crop Science 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 )
	=	978.621	/	11455.609
	=	0.09

Shenzhen Noposion Crop Science Co (SZSE:002215) 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.

Shenzhen Noposion Crop Science Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Noposion Crop Science Co (SZSE:002215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Shenzhen Noposion Crop Science Co Ltd (SZSE:002215) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 113 Shuiku Road, Xixiang Town, Bao'an District, Guangdong, Shenzhen, CHN, 518102

Website

http://www.noposion.com

Shenzhen Noposion Crop Science Co Ltd, formerly Shenzhen Noposion Agrochemicals Co Ltd is engaged in the research and development, production, sales and agricultural technology services of agricultural biotech products. The company's major products include fungicides, insecticides, herbicides, plant nutrient products and additives, among others.

Executives

Yuan Qing Hong	Executives
Gao Huan Sen	Directors, executives
Li Guang Ze	Executives
Wang Shi Hao	Director
Lu Bai Qiang	Director
Cao Ming Zhang	Supervisors
Long Xiao Jun	Supervisors
Li Pu Chao	Supervisors
Chen Jun Wang	Director
Li Wan Wen	Supervisors
Gong Wen Jing	Securities Affairs Representative
Bi Xiang Qian	Director
He Qing Min	Executives
Liu Zhen Feng	Director
Gao Jun	Executives

Shenzhen Noposion Crop Science Co (SZSE:002215) Headlines

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