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Haoxiangni Health Food Co (SZSE:002582) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)


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What is Haoxiangni Health Food 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. Haoxiangni Health Food Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Haoxiangni Health Food Co's long-term debt to total assets ratio increased from Sep. 2023 (0.08) to Sep. 2024 (0.08). It may suggest that Haoxiangni Health Food Co is progressively becoming more dependent on debt to grow their business.


Haoxiangni Health Food Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Haoxiangni Health Food 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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Haoxiangni Health Food Co LT-Debt-to-Total-Asset Chart

Haoxiangni Health Food Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 - 0.03 0.03 0.09

Haoxiangni Health Food 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 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 0.08 0.09 0.07 0.07 0.08

Haoxiangni Health Food Co LT-Debt-to-Total-Asset Calculation

Haoxiangni Health Food 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 )
=525.207/5621.589
=0.09

Haoxiangni Health Food 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 )
=367.135/4791.692
=0.08

* 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.


Haoxiangni Health Food Co  (SZSE:002582) 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.


Haoxiangni Health Food Co LT-Debt-to-Total-Asset Related Terms

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Haoxiangni Health Food Co Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Zhonghua North Road, Xinzhen City, CHN, 451162
Haoxiangni Health Food Co Ltd is engaged in the research, development, manufacture and distribution of jujube series products. It primarily provides convenient jujube series, such as Xinzheng jujubes, Dr. jujubes, royal jujubes, crystal jujubes, fragrant jujubes, and others; jujube chip series, such as strawberry-flavored jujube chips, orange-flavored jujube chips, donkey-hide gelatin jujube chips and other preserved products.
Executives
Shao Yan Executives
Hu Xiao Song Independent director
Lu Guo Jie Executives
Dou Yan Yan Directors, executives
Shi Ju Ling Directors, executives
Qiu Hao Qun Director
Luo Ming Xia Executives
Shi Qiang Supervisors
Zhang Wu Xu Supervisors
Chang Guo Jie Executives
Wang Wen Jie Supervisors
Shi Ju Bin Director
Liu Han Chao Directors, executives
Kong Qiang Supervisors

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