Shenzhen Grandland Group Co (SZSE:002482) LT-Debt-to-Total-Asset : 0.51 (As of Mar. 2025)

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What is Shenzhen Grandland Group 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 Grandland Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.51.

Shenzhen Grandland Group Co's long-term debt to total assets ratio declined from Mar. 2024 (0.56) to Mar. 2025 (0.51). It may suggest that Shenzhen Grandland Group Co is progressively becoming less dependent on debt to grow their business.

Shenzhen Grandland Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Grandland Group 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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Shenzhen Grandland Group Co LT-Debt-to-Total-Asset Chart

Shenzhen Grandland Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.07

0.05

0.52

0.50

Shenzhen Grandland Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.56	0.55	0.54	0.50	0.51

Shenzhen Grandland Group Co LT-Debt-to-Total-Asset Calculation

Shenzhen Grandland Group Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1245.212	/	2507.344
	=	0.50

Shenzhen Grandland Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	1244.212	/	2447.782
	=	0.51

Shenzhen Grandland Group Co (SZSE:002482) 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 Grandland Group Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Grandland Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shenzhen Grandland Group Co Ltd (SZSE:002482) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Yanhe North Road, Oriental Metropolis Tower No.1003, Luohu District, Guangdong Province, Shenzhen, CHN, 518003

Website

http://www.szgt.com

Shenzhen Grandland Group Co Ltd is mainly engaged in providing decorative services in China. It offers interior decoration services to venue, office building, residence, rail transit, commercial complex, star hotel projects, as well as undertakes intelligent electromechanical, curtain wall, and landscape projects.

Executives

Liu Ping Chun	Independent director
Ye Yuan Dong	Directors, executives
Zhang Zhi Wen	Executives
Zhou Qing	Supervisors
Li Li	Executives
Wang Yang	Directors, executives
Tian Yan Ping	Executives
Wang Hong Kun	Executives
Ceng Rong	Executives
Fan Zhi Quan	Director
Ye Jia Xu	Director

Shenzhen Grandland Group Co Headlines

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