Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Jiangsu Huifeng Bio Agriculture 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. Jiangsu Huifeng Bio Agriculture Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

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

Jiangsu Huifeng Bio Agriculture Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jiangsu Huifeng Bio Agriculture 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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Jiangsu Huifeng Bio Agriculture Co LT-Debt-to-Total-Asset Chart

Jiangsu Huifeng Bio Agriculture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.01

0.02

Jiangsu Huifeng Bio Agriculture 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

Jiangsu Huifeng Bio Agriculture Co LT-Debt-to-Total-Asset Calculation

Jiangsu Huifeng Bio Agriculture 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 )
	=	41.837	/	2749.455
	=	0.02

Jiangsu Huifeng Bio Agriculture 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 )
	=	39.644	/	2578.639
	=	0.02

Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) 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.

Jiangsu Huifeng Bio Agriculture Co LT-Debt-to-Total-Asset Related Terms

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Jiangsu Huifeng Bio Agriculture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jiangsu Huifeng Bio Agriculture Co (SZSE:002496) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 South Renmin Road, Dafeng City, CHN, 224100

Website

http://www.hfagro.com

Jiangsu Huifeng Bio Agriculture Co is a fixed pesticide manufacturing enterprise in China. The company's main products include fungicides, pesticides, herbicides, crop regulators, fine chemicals and chemical intermediates, among others.

Executives

Zhong Han Gen	Director
Wei Guang Quan	Directors, executives
Wang Bin Bin	Supervisors
Bian Hong Qun	Securities Affairs Representative
Chen Xiao Dong	Directors, executives
Li Ping	Director
Yang Jin Hua	Executives
Chen Jian	Executives
Zhang Jian Guo	Director
Ji Zi Hua	Directors, executives
Xi Sheng Hu	Executives
Bian Xiang	Supervisors
Jiang Zheng Xia	Director
Sun Yong Liang	Directors, executives
Jin Wen Ge	Executives

Jiangsu Huifeng Bio Agriculture Co Headlines

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