Shenzhen Soling Industrial Co (SZSE:002766) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Shenzhen Soling Industrial 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 Soling Industrial Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Shenzhen Soling Industrial Co's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.03). It may suggest that Shenzhen Soling Industrial Co is progressively becoming more dependent on debt to grow their business.

Shenzhen Soling Industrial Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Soling Industrial 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 Soling Industrial Co LT-Debt-to-Total-Asset Chart

Shenzhen Soling Industrial Co Annual Data

Trend

Dec15

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Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.03

Shenzhen Soling Industrial Co 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															-	-	-	0.02	0.03

Shenzhen Soling Industrial Co LT-Debt-to-Total-Asset Calculation

Shenzhen Soling Industrial Co'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 )
	=	29.535	/	1158.406
	=	0.03

Shenzhen Soling Industrial Co'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 )
	=	29.535	/	1158.406
	=	0.03

Shenzhen Soling Industrial Co (SZSE:002766) 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.

Shenzhen Soling Industrial Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Soling Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Soling Industrial Co Ltd (SZSE:002766) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 88, Haide 1st Road, 34M02, Building B, Nanshan District, Shenzhen, CHN, 518000

Website

http://www.szsoling.com

Shenzhen Soling Industrial Co Ltd is engaged in research and development, production, sales of Car Informatic Device (CID) system. The company specializes into Car GPS navigation systems and in-car DVD, CD and MP3 players. The company's products include head units, telematics, high-end car upgrading systems, rear view mirror, DVRs, and ADAS products.

Executives

Xiang Ming	Executives
Xiao Xing Yi	Directors, executives
Wu Wen Xing	Executives
Zhong Gui Rong	Secretary Dong
Deng Qing Ming	Directors, executives
Tong Fang Yi	Supervisors
Tong Fang Yi	Supervisors
Deng Xian Hai	Supervisors

Shenzhen Soling Industrial Co Headlines

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