SF Diamond Co (SZSE:300179) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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

SF Diamond Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that SF Diamond Co is progressively becoming more dependent on debt to grow their business.

SF Diamond Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for SF Diamond 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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SF Diamond Co LT-Debt-to-Total-Asset Chart

SF Diamond Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.02

SF Diamond 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															0.01	0.02	0.02	0.02	0.02

SF Diamond Co LT-Debt-to-Total-Asset Calculation

SF Diamond 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 )
	=	41.959	/	1713.569
	=	0.02

SF Diamond 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 )
	=	41.04	/	1808.466
	=	0.02

SF Diamond Co (SZSE:300179) 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.

SF Diamond Co LT-Debt-to-Total-Asset Related Terms

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SF Diamond Co (SZSE:300179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SF Diamond Co Ltd (SZSE:300179) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109, 10th Street, Economic & Technological Development Area, Zhengzhou, CHN, 450016

Website

http://www.sf-diamond.com

SF Diamond Co Ltd is a China-based company engages in the manufacture of Polycrystalline Diamond (PCD) and related products. Its products include PCD cutters, PCD cutting tool blanks, PCD die blankets for wire drawing, Solid PCBN, Carbided PDBN, and PDC pick.

Executives

Lin Zhi Jun	Executives
Shi Jin Bang	Executives
Liu Hai Bing	Secretary Dong
Gao Hua	Directors, executives
Yan Xiao Ping	Director
Fang Chun Feng	Directors, executives
Fu Xiao Cheng	Director
Guo Rong Fu	Executives
Fang Xiao Jun	Director
Fang Hai Jiang	Directors, executives
Song Yan Ling	Supervisors
Yang Guo Dong	Directors, executives
Zhao Zhi Jun	Independent director
Zou Qun Ying	Director
Zou Hong Ying	Supervisors

SF Diamond Co (SZSE:300179) Headlines

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