Shenzhen H&T Intelligent Control Co (SZSE:002402) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2024)

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

What is Shenzhen H&T Intelligent Control 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 H&T Intelligent Control Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.05.

Shenzhen H&T Intelligent Control Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.05). It may suggest that Shenzhen H&T Intelligent Control Co is progressively becoming more dependent on debt to grow their business.

Shenzhen H&T Intelligent Control Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen H&T Intelligent Control 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.

Shenzhen H&T Intelligent Control Co LT-Debt-to-Total-Asset Chart

Shenzhen H&T Intelligent Control 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

0.08

0.03

0.01

Shenzhen H&T Intelligent Control 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															-	0.01	0.01	0.01	0.05

Shenzhen H&T Intelligent Control Co LT-Debt-to-Total-Asset Calculation

Shenzhen H&T Intelligent Control 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 )
	=	54.562	/	9964.685
	=	0.01

Shenzhen H&T Intelligent Control 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 )
	=	558.993	/	11702.923
	=	0.05

Shenzhen H&T Intelligent Control Co (SZSE:002402) 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 H&T Intelligent Control Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Shenzhen H&T Intelligent Control Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen H&T Intelligent Control Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen H&T Intelligent Control Co Ltd (SZSE:002402) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenzhen Science and Technology 10 South Road, Tech Park, Aerospace Technology Inst Building No.6, Shenzhen, CHN, 518057

Website

http://www.szhittech.com

Shenzhen H&T Intelligent Control Co Ltd is a China-based company. It is principally engaged in the research and development, production and distribution of intelligent controllers. It offers healthcare products, such as health pots, drinking cups, foot spa tubs, and desktop air purifiers; bedroom products comprising anti-snore pillows, LED bulbs, aroma diffusers, air humidifiers, and sleep recorders; and beauty products consisting of handheld facial sprayers, ultrasonic facial massagers and scrubber cleaners, skin rejuvenation.

Executives

Liu Ming	Director
Wang Xian Fang	Director
Luo Shan Shan	Directors, Directors, and Executives
Qin Hong Wu	Directors, executives
He Zhen	Director
Zhao Xiao Ting	Securities Affairs Representative
Wang Hu Shan	Supervisors
Liu Jian Wei	Directors, executives
Wang Peng	Directors, executives

Shenzhen H&T Intelligent Control Co Headlines

No Headlines