Zhejiang Reclaim Construction Group Co (SZSE:002586) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Reclaim Construction Group 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. Zhejiang Reclaim Construction Group Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Zhejiang Reclaim Construction Group Co's long-term debt to total assets ratio increased from Sep. 2023 (0.04) to Sep. 2024 (0.04). It may suggest that Zhejiang Reclaim Construction Group Co is progressively becoming more dependent on debt to grow their business.

Zhejiang Reclaim Construction Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Reclaim Construction Group 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.

Zhejiang Reclaim Construction Group Co LT-Debt-to-Total-Asset Chart

Zhejiang Reclaim Construction Group 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

0.07

0.04

Zhejiang Reclaim Construction Group 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															0.04	0.04	0.05	0.04	0.04

Zhejiang Reclaim Construction Group Co LT-Debt-to-Total-Asset Calculation

Zhejiang Reclaim Construction Group 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 )
	=	306.666	/	7681.75
	=	0.04

Zhejiang Reclaim Construction Group 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 )
	=	316.336	/	7282.741
	=	0.04

Zhejiang Reclaim Construction Group Co (SZSE:002586) 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.

Zhejiang Reclaim Construction Group Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Zhejiang Reclaim Construction Group Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Reclaim Construction Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang Reclaim Construction Group Co Ltd (SZSE:002586) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1009, Guangxian Road, Yinzhou District, Zhejiang, Ningbo, CHN, 315103

Website

http://www.zjwh.com.cn

Zhejiang Reclaim Construction Group Co Ltd is engaged in water conservancy and hydropower project construction, port and waterway engineering, urban flood control works, reservoir engineering, housing construction, municipal engineering construction, and blasting and dismantling.

Executives

Yin Hang Jun	Executives
Zhang Chen Wang	Director
Wang Zhi Qiang	Supervisors
Yu Yuan Hong	Executives
Huang Xian Mei	Independent director
Zhong Cheng Rong	Director
Qian Hao	Executives
Yu Jian Hong	Executives
Tong Ben Li	Independent director
Zhang Zi He	Director
Chen Meng Lu	Supervisors, securities affairs representatives
Su Xiao Bing	Supervisors
Wang Zhang Quan	Directors, executives
Xu Li Jun	Supervisors
Cheng Di Long	Secretary Dong

Zhejiang Reclaim Construction Group Co Headlines

No Headlines