Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Zhuhai Winbase International Chemical Tank Terminal 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. Zhuhai Winbase International Chemical Tank Terminal Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Zhuhai Winbase International Chemical Tank Terminal Co's long-term debt to total assets ratio increased from Sep. 2023 (0.07) to Sep. 2024 (0.07). It may suggest that Zhuhai Winbase International Chemical Tank Terminal Co is progressively becoming more dependent on debt to grow their business.

Zhuhai Winbase International Chemical Tank Terminal Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhuhai Winbase International Chemical Tank Terminal 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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Zhuhai Winbase International Chemical Tank Terminal Co LT-Debt-to-Total-Asset Chart

Zhuhai Winbase International Chemical Tank Terminal Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.08

0.06

Zhuhai Winbase International Chemical Tank Terminal 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															0.07	0.06	0.03	0.02	0.07

Zhuhai Winbase International Chemical Tank Terminal Co LT-Debt-to-Total-Asset Calculation

Zhuhai Winbase International Chemical Tank Terminal 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 )
	=	130.366	/	2063.991
	=	0.06

Zhuhai Winbase International Chemical Tank Terminal 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 )
	=	148.919	/	2114.428
	=	0.07

Zhuhai Winbase International Chemical Tank Terminal Co (SZSE:002492) 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.

Zhuhai Winbase International Chemical Tank Terminal Co LT-Debt-to-Total-Asset Related Terms

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Zhuhai Winbase International Chemical Tank Terminal Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zhuhai Winbase International Chemical Tank Terminal Co Ltd (SZSE:002492) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanlan Bay, Gaolan Port Economic Zone, Guangdong, Zhuhai, CHN, 519050

Website

http://www.winbase-tank.com

Zhuhai Winbase International Chemical Tank Terminal Co Ltd is engaged in the terminal loading, unloading, warehousing, pipeline transportation, and bonded business of bulk liquid petrochemicals.

Executives

Wang Qing Yun	Director
Li Wei	Executives
Chen Cai Yuan	Director
Kong Yong Shen	Supervisors
Zhang Xin Yu	Executives
Cheng Wen Hao	Director
Zhu Rong Ji	Director
Qiang Jia Ning	Director

Zhuhai Winbase International Chemical Tank Terminal Co Headlines

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