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Qifeng New Material Co (SZSE:002521) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)


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What is Qifeng New Material 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. Qifeng New Material Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Qifeng New Material Co's long-term debt to total assets ratio stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).


Qifeng New Material Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Qifeng New Material 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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Qifeng New Material Co LT-Debt-to-Total-Asset Chart

Qifeng New Material Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Qifeng New Material Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Qifeng New Material Co LT-Debt-to-Total-Asset Calculation

Qifeng New Material 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 )
=0/5013.153
=0.00

Qifeng New Material Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=0/5202.774
=0.00

* 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.


Qifeng New Material Co  (SZSE:002521) 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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Qifeng New Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Qifeng Road, Zhutai Town, Linzi District, Zibo City, CHN, 255432
Qifeng New Material Co Ltd researches develop, manufactures, and supplies decorative base papers, overlay papers, non-woven wall base papers, and flicker overlay papers in China. It also exports its products to different countries and regions.
Executives
Li An Dong Directors, executives
Sun Wen Rong Executives
Yao Yan Lei Secretary Dong
Zhu Hong Sheng Directors, executives
Li Wen Hai Directors, executives
Zhang Shu Fang Executives
Li Xian Ming Executives
Li An Le Executives
Li Xue Feng Director
Liu Yong Gang Supervisors
Zhang Ren Fu Director
Mu Shou Jing Supervisors
Zhang Xiang Zeng Director
Li Bing Quan Directors, executives

Qifeng New Material Co Headlines

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