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Zhejiang Juli Culture Development Co (SZSE:002247) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


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What is Zhejiang Juli Culture Development 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. Zhejiang Juli Culture Development Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Zhejiang Juli Culture Development Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Zhejiang Juli Culture Development Co is progressively becoming more dependent on debt to grow their business.


Zhejiang Juli Culture Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Juli Culture Development 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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Zhejiang Juli Culture Development Co LT-Debt-to-Total-Asset Chart

Zhejiang Juli Culture Development 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 Premium Member Only Premium Member Only 0.05 - - - 0.01

Zhejiang Juli Culture Development 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.01 0.01 0.01

Zhejiang Juli Culture Development Co LT-Debt-to-Total-Asset Calculation

Zhejiang Juli Culture Development 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 )
=10.925/1154.259
=0.01

Zhejiang Juli Culture Development 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 )
=14.973/1094.275
=0.01

* 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.


Zhejiang Juli Culture Development Co  (SZSE:002247) 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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Zhejiang Juli Culture Development Co (SZSE:002247) Business Description

Traded in Other Exchanges
N/A
Address
1958, Zhejiang Ring Road, Industrial Zone, China Delicate, Lin'an, CHN, 311300
Zhejiang Juli Culture Development Co Ltd, formerly Zhejiang Dilong Culture Development Co Ltd operates in the decorative paper industry. The products of the company include printing decorative paper, impregnated paper, decorative panels which include a metal decorative panel, aluminum coil, and PVC decorative materials.
Executives
Chen Zhi Jian Executives
Wang Xiao Hong Directors, executives
Zhao Jin Long Executives
Lin Hui Chun Director
Tang Fei Tao Executives
Jiang Zu Ming Executives
Jiang Fei Xiong Directors, executives
Mao Li Xin Director
Liu Yu Long Director

Zhejiang Juli Culture Development Co (SZSE:002247) Headlines

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