Hytera Communications (SZSE:002583) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Hytera Communications 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. Hytera Communications's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Hytera Communications's long-term debt to total assets ratio declined from Mar. 2023 (0.05) to Mar. 2024 (0.02). It may suggest that Hytera Communications is progressively becoming less dependent on debt to grow their business.

Hytera Communications LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hytera Communications'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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Hytera Communications LT-Debt-to-Total-Asset Chart

Hytera Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.07

0.09

0.05

0.02

Hytera Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.02	0.02	0.02	0.02

Hytera Communications LT-Debt-to-Total-Asset Calculation

Hytera Communications'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 )
	=	235.496	/	11820.098
	=	0.02

Hytera Communications's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	237.479	/	11907.583
	=	0.02

Hytera Communications (SZSE:002583) 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.

Hytera Communications LT-Debt-to-Total-Asset Related Terms

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Hytera Communications (SZSE:002583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hytera Communications Corp Ltd (SZSE:002583) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.hytera.com

Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.

Executives

Jiang Ye Lin	Directors, executives
Zhu De You	Supervisors
Peng Jian Feng	Director
Chen Qing Zhou	Director
Wu Mei	Directors, executives
Tian Zhi Yong	Securities Affairs Representative
Deng Feng	Supervisors
Zhang Ju	Directors, Directors, and Executives
Li Shao Qian	Independent director
Zhang Yu Cheng	Supervisors
Tan Xue Zhi	Director
Ceng Hua	Directors, executives
Wang Zhuo	Supervisors
Fu Dong Hui	Supervisors
Zhang Yong	Securities Affairs Representative

Hytera Communications (SZSE:002583) Headlines

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