Hainan Shennong Seed Industry Technology Co (SZSE:300189) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2025)

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What is Hainan Shennong Seed Industry 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. Hainan Shennong Seed Industry Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.18.

Hainan Shennong Seed Industry Technology Co's long-term debt to total assets ratio increased from Mar. 2024 (0.01) to Mar. 2025 (0.18). It may suggest that Hainan Shennong Seed Industry Technology Co is progressively becoming more dependent on debt to grow their business.

Hainan Shennong Seed Industry Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hainan Shennong Seed Industry 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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Hainan Shennong Seed Industry Technology Co LT-Debt-to-Total-Asset Chart

Hainan Shennong Seed Industry Technology Co Annual Data

Trend

Dec15

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.01

0.18

Hainan Shennong Seed Industry Technology 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															0.01	0.08	0.08	0.18	0.18

Hainan Shennong Seed Industry Technology Co LT-Debt-to-Total-Asset Calculation

Hainan Shennong Seed Industry Technology 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 )
	=	207.082	/	1172.998
	=	0.18

Hainan Shennong Seed Industry Technology 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 )
	=	211.541	/	1148.938
	=	0.18

Hainan Shennong Seed Industry Technology Co (SZSE:300189) 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.

Hainan Shennong Seed Industry Technology Co LT-Debt-to-Total-Asset Related Terms

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Hainan Shennong Seed Industry Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Hainan Shennong Seed Industry Technology Co Ltd (SZSE:300189) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Meilin Road, Huiyuan Meilin Valley Comprehensive Service Building, Xiuying District, Hainan Province, Haikou, CHN, 570311

Website

https://www.hnsnkj.com.cn

Hainan Shennong Seed Industry Technology Co Ltd is engaged in hybrid rice seed breeding, seed production, sales and technical services.

Executives

Qu Zhi Yong	Director
Cao Ou Jie	Director
Huang Pei Jin	Director
Bai Yuan Zhi	Directors, executives
Tang Wen	Executives
Zhu Cheng	Directors, executives
Zhang Xiong Fei	Directors, executives
Ou Xue Wang	Independent director
Huang Ming Guang	Supervisors
Peng Xiao Mao	Director

Hainan Shennong Seed Industry Technology Co Headlines

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