Valiant Co (SZSE:002643) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Valiant 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. Valiant Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Valiant Co's long-term debt to total assets ratio increased from Sep. 2023 (0.09) to Sep. 2024 (0.13). It may suggest that Valiant Co is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Valiant 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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Valiant Co LT-Debt-to-Total-Asset Chart

Valiant Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.05

0.04

0.10

Valiant 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															0.09	0.10	0.11	0.12	0.13

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

Valiant 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 )
	=	1031.453	/	10134.723
	=	0.10

Valiant 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 )
	=	1359.377	/	10686.532
	=	0.13

Valiant Co (SZSE:002643) 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.

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

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Valiant Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Valiant Co Ltd (SZSE:002643) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 11, Wuzhishan Road, Economic and Technological Development Zone, Shandong Province, Yantai, CHN, 264006

Website

http://www.valiant-cn.com

Valiant Co Ltd is a China-based company principally engaged in the research, development, manufacture and sale of electronic information materials, environmental protection materials and health-care materials. The company's main products include liquid crystal, monomer, organic light emitting diode materials, APIs, intermediates and other chemicals. Geographically the activities are carried out through China.

Executives

Wang Ji Hua	Executives
Wang Huan Jie	Directors, executives

Leng Qian	Director
Wang Zhong Li	Directors, executives
Zhao Feng Qi	Director
Gao Bin	Executives
Hu Bao Hua	Executives
Zhang Peng	Supervisors
Zuo Zhuo	Independent director
Hu Tian Xiao	Supervisors
Xiao Yong Qiang	Executives
Dai Xiu Yun	Executives
Dong Zhi Zhong	Supervisors

Valiant Co Headlines

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