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Jilin Liyuan Precision Manufacturing Co (SZSE:002501) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2023)


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What is Jilin Liyuan Precision Manufacturing 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. Jilin Liyuan Precision Manufacturing Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.04.

Jilin Liyuan Precision Manufacturing Co's long-term debt to total assets ratio stayed the same from Sep. 2022 (0.04) to Sep. 2023 (0.04).


Jilin Liyuan Precision Manufacturing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jilin Liyuan Precision Manufacturing 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.

Jilin Liyuan Precision Manufacturing Co LT-Debt-to-Total-Asset Chart

Jilin Liyuan Precision Manufacturing Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - 0.03 0.04 0.04

Jilin Liyuan Precision Manufacturing Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.04 0.04 0.04 0.04 0.04

Jilin Liyuan Precision Manufacturing Co LT-Debt-to-Total-Asset Calculation

Jilin Liyuan Precision Manufacturing Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=78.048/1878.015
=0.04

Jilin Liyuan Precision Manufacturing Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=70.409/1689.694
=0.04

* 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.


Jilin Liyuan Precision Manufacturing Co  (SZSE:002501) 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.


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Jilin Liyuan Precision Manufacturing Co (SZSE:002501) Business Description

Traded in Other Exchanges
N/A
Address
No. 5729, Xining Road, Longshan District, Jilin Province, Liaoyuan, CHN, 136200
Jilin Liyuan Precision Manufacturing Co Ltd is a China-based company. It is principally engaged in the research and development, manufacture and distribution of aluminum profiles and deep processed products. The company's construction aluminum profiles include ordinary building materials, insulation series, as well as door and curtain wall series. It distributes its products within domestic market and to overseas markets.

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