Shenzhen Kedali Industry Co (SZSE:002850) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2025)

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What is Shenzhen Kedali Industry 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 Kedali Industry Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.07.

Shenzhen Kedali Industry Co's long-term debt to total assets ratio declined from Mar. 2024 (0.09) to Mar. 2025 (0.07). It may suggest that Shenzhen Kedali Industry Co is progressively becoming less dependent on debt to grow their business.

Shenzhen Kedali Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Kedali Industry 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 Kedali Industry Co LT-Debt-to-Total-Asset Chart

Shenzhen Kedali Industry Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.11

0.09

0.08

Shenzhen Kedali Industry Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.08	0.08	0.08	0.07

Shenzhen Kedali Industry Co LT-Debt-to-Total-Asset Calculation

Shenzhen Kedali Industry 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 )
	=	1436.012	/	19050.522
	=	0.08

Shenzhen Kedali Industry Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	1448.24	/	19953.222
	=	0.07

Shenzhen Kedali Industry Co (SZSE:002850) 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 Kedali Industry Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Kedali Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Kedali Industry Co Ltd (SZSE:002850) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

North of Huaxing Road, Dalang Street, 3rd Floor, the first building of Zhongjian Industrial Zone, Longhua District, Guangdong, Shenzhen, CHN, 518109

Website

http://www.kedali.com.cn

Shenzhen Kedali Industry Co Ltd is engaged in Research & Development and manufacturing of lithium battery precision structural parts and automotive structural parts.

Executives

Li Jian Li	Director
Shi Hui Feng	Directors, executives
Kong Tian Shu	Executives
Luo Li Jiao	Secretary Dong

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