Shandong Delisi Food Co (SZSE:002330) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shandong Delisi Food 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. Shandong Delisi Food Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Shandong Delisi Food Co's long-term debt to total assets ratio declined from Sep. 2023 (0.04) to Sep. 2024 (0.03). It may suggest that Shandong Delisi Food Co is progressively becoming less dependent on debt to grow their business.

Shandong Delisi Food Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shandong Delisi Food 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.

Shandong Delisi Food Co LT-Debt-to-Total-Asset Chart

Shandong Delisi Food 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

0.04

Shandong Delisi Food 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															0.04	0.04	0.04	0.03	0.03

Shandong Delisi Food Co LT-Debt-to-Total-Asset Calculation

Shandong Delisi Food 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 )
	=	121.145	/	3347.283
	=	0.04

Shandong Delisi Food 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 )
	=	106.492	/	3371.53
	=	0.03

Shandong Delisi Food Co (SZSE:002330) 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.

Shandong Delisi Food Co LT-Debt-to-Total-Asset Related Terms

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

Shandong Delisi Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Delisi Food Co Ltd (SZSE:002330) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Delis Industrial Park, Shandong Province, Zhucheng, CHN, 262216

Website

http://www.delisi.com.cn

Shandong Delisi Food Co Ltd is a China-based company engaged in the slaughtering of pigs, cooling of meat, low-temperature meat products and processing of processed foods.

Executives

Chen Lin	Executives
Zheng Si Min	Director
Wang Song	Directors, executives
Yu Rui Bo	Directors, executives
Zheng Qian Kun	Supervisors
Zheng Hong Guang	Executives
Zheng Ai Hong	Supervisors
Cai Cheng	Executives

Shandong Delisi Food Co Headlines

No Headlines