Visionox Technology (SZSE:002387) LT-Debt-to-Total-Asset : 0.16 (As of Sep. 2024)

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What is Visionox Technology 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. Visionox Technology's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.16.

Visionox Technology's long-term debt to total assets ratio increased from Sep. 2023 (0.14) to Sep. 2024 (0.16). It may suggest that Visionox Technology is progressively becoming more dependent on debt to grow their business.

Visionox Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Visionox Technology'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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Visionox Technology LT-Debt-to-Total-Asset Chart

Visionox Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.09

0.07

0.13

Visionox Technology 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															0.14	0.13	0.14	0.14	0.16

Visionox Technology LT-Debt-to-Total-Asset Calculation

Visionox Technology'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 )
	=	5165.44	/	39093.586
	=	0.13

Visionox Technology'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 )
	=	6086.987	/	38316.544
	=	0.16

Visionox Technology (SZSE:002387) 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.

Visionox Technology LT-Debt-to-Total-Asset Related Terms

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Visionox Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Visionox Technology Inc (SZSE:002387) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300

Website

http://www.visionox.com

Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.

Executives

Zhang De Qiang	Directors, executives
Yan Ruo Yuan	Directors, executives
Lin Xiu Hai	Directors, executives
Lin Xiu Hao	Director
He Wen Biao	Independent director
Huang Xun Cai	Supervisors
Chen Ru	Director
Huang Shu Zhong	Director, Director Secretary
He Yu Long	Directors, executives
Deng Chan Yu	Supervisors
Lin Shao Ping	Supervisors
Wu Di Nian	Directors, executives
Chen Ke Mei	Executives
Yao Li Chang	Director
Lin Xi Qin	Executives

Visionox Technology Headlines

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