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Shanghai Liangxin Electrical Co (SZSE:002706) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


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What is Shanghai Liangxin Electrical 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. Shanghai Liangxin Electrical Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Shanghai Liangxin Electrical Co's long-term debt to total assets ratio declined from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Shanghai Liangxin Electrical Co is progressively becoming less dependent on debt to grow their business.

Shanghai Liangxin Electrical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Liangxin Electrical 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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Shanghai Liangxin Electrical Co LT-Debt-to-Total-Asset Chart

Shanghai Liangxin Electrical 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 - - 0.08 0.05 -

Shanghai Liangxin Electrical 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 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 - - - - -

Shanghai Liangxin Electrical Co LT-Debt-to-Total-Asset Calculation

Shanghai Liangxin Electrical 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 )
=3.966/5819.531
=0.00

Shanghai Liangxin Electrical 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 )
=1.433/5549.21
=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.

Shanghai Liangxin Electrical Co  (SZSE:002706) 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.

Shanghai Liangxin Electrical Co LT-Debt-to-Total-Asset Related Terms

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Shanghai Liangxin Electrical Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Liangxin Electrical Co Ltd (SZSE:002706) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
No. 668, Heng'an Road, Pudong New Area, Building 4-8, Shanghai, CHN, 201206
Website
http://liangxin.en.ec21.com
Shanghai Liangxin Electrical Co Ltd is engaged in marketing and distribution of various low voltage apparatus. The products of the company are hydraulic magnetic mini circuit breaker, high breaking capacity MCB, miniature circuit breaker, molded case circuit breaker, AC contractor, and others. The company sells its products in China and other countries.
Executives
Chen Ping Directors, executives
Shao Yan Qi Directors, executives
Li Sheng Ai Executives
Yang Cheng Qing Executives
Wang Jin Gui Supervisors
Liu Xiao Jun Directors, executives
Wang Jian Dong Supervisors

Shanghai Liangxin Electrical Co Headlines

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