GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ERA Co Ltd (SZSE:002641) » Definitions » LT-Debt-to-Total-Asset

ERA Co (SZSE:002641) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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

What is ERA 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. ERA Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

ERA Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


ERA Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for ERA 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.

ERA Co LT-Debt-to-Total-Asset Chart

ERA 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 - - - - -

ERA Co 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 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 - - - - -

ERA Co LT-Debt-to-Total-Asset Calculation

ERA 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 )
=33.458/8336.643
=0.00

ERA Co'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 )
=35.514/9357.992
=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.


ERA Co  (SZSE:002641) 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.


ERA Co LT-Debt-to-Total-Asset Related Terms

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


ERA Co (SZSE:002641) Business Description

Traded in Other Exchanges
N/A
Address
No.2 Daixi Road, Economic Development Zone, Huangyan East, Zhejiang Province, Taizhou, CHN
ERA Co Ltd, formerly Yonggao Co Ltd manufacturers of plastic valves and fittings. Its products offer PP compression fittings and clamp saddles, CPVC valves, PVC pressure pipes and fittings and PVC pressure fittings, among others.
Executives
Zhang Wei Directors, executives
Lu Zhen Yu Director
Lu Cai Fen Director
Zhang Xian Kang Executives
Lin Ying Fu Executives
Wang Jie Jun Executives

ERA Co (SZSE:002641) Headlines

No Headlines