Ronglian Group (SZSE:002642) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2024)

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What is Ronglian Group 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. Ronglian Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.00.

Ronglian Group's long-term debt to total assets ratio declined from Dec. 2023 (0.00) to Dec. 2024 (0.00). It may suggest that Ronglian Group is progressively becoming less dependent on debt to grow their business.

Ronglian Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ronglian Group'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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Ronglian Group LT-Debt-to-Total-Asset Chart

Ronglian Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

Ronglian Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Ronglian Group LT-Debt-to-Total-Asset Calculation

Ronglian Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	1.388	/	2272.546
	=	0.00

Ronglian Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1.388	/	2272.546
	=	0.00

Ronglian Group (SZSE:002642) 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.

Ronglian Group LT-Debt-to-Total-Asset Related Terms

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Ronglian Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ronglian Group Ltd (SZSE:002642) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

A10 Jiuxianqiao North Road, UEC Plaza, Building 106, Chaoyang District, Beijing, CHN

Website

http://www.ronglian.com

Ronglian Group Ltd provides IT solutions and services. Its services include system integration, software development, project management and service system, enterprise cloud service, and other services. The company provides services to education industry, manufacturing industry, finance industry, and telecom industry.

Executives

Wang Dong Hui	Directors, executives
Fang Yong	Directors, executives
Ju Hai Tao	Directors, executives
Huo Xiang Qi	Directors, executives
Han Yan	Executives
Zhao Chuan Sheng	Executives
Luo Li Cheng	Executives
Wu Xuan	Executives
Peng Jun Lin	Executives
Lu Ya Feng	Supervisors
Zhang Tong	Directors, executives
Shi Wei Hua	Directors, executives
Ding Hong Zhen	Executives
Gao Feng	Executives
Gao Si Hua	Independent director

Ronglian Group Headlines

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