Wuhan Guide Infrared Co (SZSE:002414) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Wuhan Guide Infrared 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. Wuhan Guide Infrared Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Wuhan Guide Infrared Co's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.02). It may suggest that Wuhan Guide Infrared Co is progressively becoming more dependent on debt to grow their business.

Wuhan Guide Infrared Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wuhan Guide Infrared 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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Wuhan Guide Infrared Co LT-Debt-to-Total-Asset Chart

Wuhan Guide Infrared Co Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

Wuhan Guide Infrared 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	0.02	0.02	0.02	0.02

Wuhan Guide Infrared Co LT-Debt-to-Total-Asset Calculation

Wuhan Guide Infrared 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 )
	=	150.663	/	8622.522
	=	0.02

Wuhan Guide Infrared 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 )
	=	190.096	/	9511.813
	=	0.02

Wuhan Guide Infrared Co (SZSE:002414) 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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Wuhan Guide Infrared Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wuhan Guide Infrared Co Ltd (SZSE:002414) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Huanglongshan South Road, No. 6, East Lake Development Zone, Hubei Province, Wuhan, CHN, 430205

Website

https://www.wuhan-guide.com

Wuhan Guide Infrared Co Ltd is engaged in Infrared focal plane detector chip segment, infrared thermal imaging device and integrated optoelectronic system segment with infrared thermal imaging as the core, new weapon system segment, traditional non-lethal ammunition, and information-based ammunition segment.

Executives

Hou Jian Jun	Executives
Wang Yu	Directors, executives
Zhao Jiang Long	Executives
Su Wei	Supervisors
Gu Xiao Juan	Supervisors
Huang Li	Directors, executives

Wuhan Guide Infrared Co Headlines

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