Tofflon Science and Technology Group Co (SZSE:300171) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Tofflon Science and Technology Group 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. Tofflon Science and Technology Group Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Tofflon Science and Technology Group Co's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Tofflon Science and Technology Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tofflon Science and Technology Group 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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Tofflon Science and Technology Group Co LT-Debt-to-Total-Asset Chart

Tofflon Science and Technology Group Co Annual Data

Trend

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LT-Debt-to-Total-Asset

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Tofflon Science and Technology Group 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															-	-	-	-	-

Tofflon Science and Technology Group Co LT-Debt-to-Total-Asset Calculation

Tofflon Science and Technology Group 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 )
	=	1.436	/	12898.331
	=	0.00

Tofflon Science and Technology Group 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 )
	=	2.297	/	13082.049
	=	0.00

Tofflon Science and Technology Group Co (SZSE:300171) 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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Tofflon Science and Technology Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tofflon Science and Technology Group Co Ltd (SZSE:300171) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1509 Duhui Road, Building No. 4, Minhang District, Shanghai, CHN, 201108

Website

http://www.tofflon.com

Tofflon Science and Technology Group Co Ltd manufactures and sells pharmaceutical freeze dryers. The company offers laboratory, pilot, production, and mass-production freeze dryers.

Executives

Zheng Xiao Dong	Directors, executives
Chang Cheng	Executives
Zheng Jin Wang	Directors, executives
Tang Hui Xing	Director
Zhang Hai Bin	Directors, executives
Xu Zhi Jun	Executives
Wu Zhang Xin	Executives
Xiong Fang Jun	Directors, executives
Wang Yan	Securities Affairs Representative
Zhou Xue Mei	Supervisors
Zheng Xiao You	Directors, executives

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