Shenzhen Mason Technologies Co (SZSE:002654) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Shenzhen Mason Technologies 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. Shenzhen Mason Technologies Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Shenzhen Mason Technologies Co's long-term debt to total assets ratio increased from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Shenzhen Mason Technologies Co is progressively becoming more dependent on debt to grow their business.

Shenzhen Mason Technologies Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Mason Technologies 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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Shenzhen Mason Technologies Co LT-Debt-to-Total-Asset Chart

Shenzhen Mason Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.08

0.07

0.01

0.02

Shenzhen Mason Technologies 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															0.01	0.02	0.02	0.02	0.01

Shenzhen Mason Technologies Co LT-Debt-to-Total-Asset Calculation

Shenzhen Mason Technologies 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 )
	=	66.812	/	4010.157
	=	0.02

Shenzhen Mason Technologies 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 )
	=	56.149	/	4247.192
	=	0.01

Shenzhen Mason Technologies Co (SZSE:002654) 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.

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Shenzhen Mason Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Mason Technologies Co Ltd (SZSE:002654) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 2519 Guangqiao Avenue, Fenghuang Street, Room 1201, 11-12th Floor, Wanrun Building, Tangjia Community, Guangming District, Shenzhen, CHN

Website

https://www.masonled.com

Shenzhen Mason Technologies Co Ltd is engaged in the research and development, production, sales, and service of the medium and high-end light source device encapsulation and light-emitting diode (LED) products. The product range consists of government road LED lighting, industrial lighting, and commercial lighting. Its other product offering comprises an intelligent system and LED chips.

Executives

Li Zhi Jiang	Director
Rao Yi Lin	Securities Affairs Representative
Hao Jun	Directors, executives
Hu Liang	Executives
Luo Ming	Director
Tang Wei	Director
Liu Ping	Director
Luo Xiao Yan	Director

Shenzhen Mason Technologies Co Headlines

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