CEC Environmental Protection Co (SZSE:300172) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is CEC Environmental Protection 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. CEC Environmental Protection Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

CEC Environmental Protection Co's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.05). It may suggest that CEC Environmental Protection Co is progressively becoming less dependent on debt to grow their business.

CEC Environmental Protection Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for CEC Environmental Protection 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.

* Premium members only.

CEC Environmental Protection Co LT-Debt-to-Total-Asset Chart

CEC Environmental Protection 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

0.08

0.10

0.04

0.05

CEC Environmental Protection 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															0.07	0.06	0.06	0.05	0.05

CEC Environmental Protection Co LT-Debt-to-Total-Asset Calculation

CEC Environmental Protection 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 )
	=	150.776	/	2892.024
	=	0.05

CEC Environmental Protection 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 )
	=	150.776	/	2829.374
	=	0.05

CEC Environmental Protection Co (SZSE:300172) 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.

CEC Environmental Protection Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of CEC Environmental Protection Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CEC Environmental Protection Co (SZSE:300172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CEC Environmental Protection Co Ltd (SZSE:300172) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102

Website

http://www.ce-ep.com

CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.

CEC Environmental Protection Co (SZSE:300172) Headlines

No Headlines