Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Shan Dong Yisheng Livestock & Poultry Breeding 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. Shan Dong Yisheng Livestock & Poultry Breeding Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Shan Dong Yisheng Livestock & Poultry Breeding Co's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.04). It may suggest that Shan Dong Yisheng Livestock & Poultry Breeding Co is progressively becoming less dependent on debt to grow their business.

Shan Dong Yisheng Livestock & Poultry Breeding Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shan Dong Yisheng Livestock & Poultry Breeding 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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Shan Dong Yisheng Livestock & Poultry Breeding Co LT-Debt-to-Total-Asset Chart

Shan Dong Yisheng Livestock & Poultry Breeding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.09

0.05

0.03

Shan Dong Yisheng Livestock & Poultry Breeding 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															0.05	0.05	0.05	0.03	0.04

Shan Dong Yisheng Livestock & Poultry Breeding Co LT-Debt-to-Total-Asset Calculation

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
	=	221.717	/	6574.995
	=	0.03

Shan Dong Yisheng Livestock & Poultry Breeding 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 )
	=	273.233	/	6561.605
	=	0.04

Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) 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.

Shan Dong Yisheng Livestock & Poultry Breeding Co LT-Debt-to-Total-Asset Related Terms

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Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shan Dong Yisheng Livestock & Poultry Breeding Co Ltd (SZSE:002458) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Chaoyang Street, Shandong Province, Yantai, CHN, 265508

Website

http://www.yishenggufen.com

Shan Dong Yisheng Livestock & Poultry Breeding Co Ltd is principally engaged in chicken breeding in China.

Executives

Cao Ji Sheng	Directors, executives
Zhao Gui Ping	Independent director
Qu Li Xin	Directors, executives
Ji Yong Mei	Directors, Directors, and Executives
Geng Pei Liang	Director
Gong Xin Min	Directors, executives
Lin Jie	Directors, executives
Yin Tao	Securities Affairs Representative
Sun Xiu Ni	Supervisors
Cao Xue Hong	Supervisors
Tang Wen Tao	Securities Affairs Representative
Jiang Tai Bang	Directors, executives
Chi Han Dong	Directors, executives
Ren Sheng Hao	Supervisors
Li Xiu Guo	Supervisors

Shan Dong Yisheng Livestock & Poultry Breeding Co (SZSE:002458) Headlines

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