Suzhou Kingswood Education Technology Co (SZSE:300192) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Suzhou Kingswood Education 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. Suzhou Kingswood Education Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Suzhou Kingswood Education Technology Co's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that Suzhou Kingswood Education Technology Co is progressively becoming less dependent on debt to grow their business.

Suzhou Kingswood Education Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Suzhou Kingswood Education 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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Suzhou Kingswood Education Technology Co LT-Debt-to-Total-Asset Chart

Suzhou Kingswood Education Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.20

0.04

0.03

0.02

Suzhou Kingswood Education Technology 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															0.03	0.02	0.02	0.02	0.01

Suzhou Kingswood Education Technology Co LT-Debt-to-Total-Asset Calculation

Suzhou Kingswood Education Technology 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 )
	=	20.469	/	1161.494
	=	0.02

Suzhou Kingswood Education Technology 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 )
	=	11.488	/	1222.417
	=	0.01

Suzhou Kingswood Education Technology Co (SZSE:300192) 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.

Suzhou Kingswood Education Technology Co LT-Debt-to-Total-Asset Related Terms

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Suzhou Kingswood Education Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Suzhou Kingswood Education Technology Co Ltd (SZSE:300192) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 989 Chunshen Road, Pan Yang Industrial Park, Huangdai Town, Xiangcheng District, Jiangsu Province, Suzhou, CHN, 215143

Website

http://www.szkinks.com

Suzhou Kingswood Education Technology Co Ltd formerly known as Suzhou Kingswood Printing Ink Co Ltd operates in the printing ink industry. The company is a ink manufacturer that focuses on research and development of polymer materials and modified vegetable oils which is used for production of printing inks. The products of the company include DWA high pigmented, color intensive fast offset ink and DWT color intensive fast offset ink.

Executives

Dong Bing	Director
Ma Liang Ming	Director
Wu Xian Liang	Directors, executives
Wu Yan Hong	Directors, executives

Suzhou Kingswood Education Technology Co Headlines

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