BeiJing StarNeto Technology Co (SZSE:002829) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is BeiJing StarNeto Technology 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. BeiJing StarNeto Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

BeiJing StarNeto Technology Co's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that BeiJing StarNeto Technology Co is progressively becoming less dependent on debt to grow their business.

BeiJing StarNeto Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for BeiJing StarNeto Technology 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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BeiJing StarNeto Technology Co LT-Debt-to-Total-Asset Chart

BeiJing StarNeto Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.05

0.03

0.02

BeiJing StarNeto Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.02

BeiJing StarNeto Technology Co LT-Debt-to-Total-Asset Calculation

BeiJing StarNeto Technology 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 )
	=	54.288	/	2833.696
	=	0.02

BeiJing StarNeto Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	52.883	/	2705.2
	=	0.02

BeiJing StarNeto Technology Co (SZSE:002829) 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.

BeiJing StarNeto Technology Co LT-Debt-to-Total-Asset Related Terms

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BeiJing StarNeto Technology Co (SZSE:002829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BeiJing StarNeto Technology Co Ltd (SZSE:002829) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lancangchang East Road, Unit 5, Building 4, Building 2, Haidian District, Beijing, CHN, 100097

Website

http://www.starneto.com

BeiJing StarNeto Technology Co Ltd is focused on inertial technology development and industrial application. The principal business activities include research and development, production and sales of inertial integrated navigation, inertial measurement, inertial stability control products. Its product range includes high precision satellite positioning and orientation products, fiber and laser inertial navigation products, tilt sensors, inertial measurement units, photoelectric pods, photoelectric forensics systems, infrared thermal imagers, smart driving test products and radar products such as wireless communication systems, conventional radar systems and miss distance measurement radars.

Executives

Wang Chao	Executives
Chi Jia Sheng	Director
Xu Ye Feng	Directors, executives
Li Guo Sheng	Director
Zhang You Liang	Supervisors
Li Xue Qin	Supervisors
Li Yan Zhuo	Supervisors
Shang Xiu Lei	Supervisors
Huang Jing Chao	Securities Affairs Representative

BeiJing StarNeto Technology Co (SZSE:002829) Headlines

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