GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Shenglu Telecommunication Tech Co Ltd (SZSE:002446) » Definitions » LT-Debt-to-Total-Asset

Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)


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

What is Guangdong Shenglu Telecommunication Tech 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. Guangdong Shenglu Telecommunication Tech Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Guangdong Shenglu Telecommunication Tech Co's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.03). It may suggest that Guangdong Shenglu Telecommunication Tech Co is progressively becoming more dependent on debt to grow their business.

Guangdong Shenglu Telecommunication Tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangdong Shenglu Telecommunication Tech 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.

Guangdong Shenglu Telecommunication Tech Co LT-Debt-to-Total-Asset Chart

Guangdong Shenglu Telecommunication Tech 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 0.03 0.02 0.01 0.01 0.03

Guangdong Shenglu Telecommunication Tech 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 0.02 0.01 0.02 0.03 0.03

Guangdong Shenglu Telecommunication Tech Co LT-Debt-to-Total-Asset Calculation

Guangdong Shenglu Telecommunication Tech 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 )
=136.007/4259.05
=0.03

Guangdong Shenglu Telecommunication Tech 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 )
=135.947/4283.044
=0.03

* 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.

Guangdong Shenglu Telecommunication Tech Co  (SZSE:002446) 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.

Guangdong Shenglu Telecommunication Tech Co LT-Debt-to-Total-Asset Related Terms

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

Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Shenglu Telecommunication Tech Co Ltd (SZSE:002446) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SZSE:301205 SHSE:600198 SZSE:000801 SZSE:300134 SHSE:688311 SZSE:300620 SHSE:603083 SZSE:000070 SZSE:002792 SZSE:300079 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
No 20 Nanfeng Road, Sanshui District, Foshan City, CHN, 528100
Website
http://www.shenglu.com
Guangdong Shenglu Telecommunication Tech Co Ltd is an antenna manufacturing enterprise in China. Shenglu products include backbone network transmission antenna, a base station antenna, the network covering the fields of antenna, terminal antenna, passive device, active device, car antenna, large TR module, Beidou antenna, and smart vehicle information system.

Guangdong Shenglu Telecommunication Tech Co (SZSE:002446) Headlines

No Headlines