Shanghai Kinlita Chemical Co (SZSE:300225) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

What is Shanghai Kinlita Chemical 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. Shanghai Kinlita Chemical Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Shanghai Kinlita Chemical Co's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Shanghai Kinlita Chemical Co is progressively becoming less dependent on debt to grow their business.

Shanghai Kinlita Chemical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Kinlita Chemical 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.

Shanghai Kinlita Chemical Co LT-Debt-to-Total-Asset Chart

Shanghai Kinlita Chemical 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

0.01

Shanghai Kinlita Chemical 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	0.01	0.01	0.01	0.01

Shanghai Kinlita Chemical Co LT-Debt-to-Total-Asset Calculation

Shanghai Kinlita Chemical 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 )
	=	11.123	/	1282.061
	=	0.01

Shanghai Kinlita Chemical 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 )
	=	9.642	/	1270.721
	=	0.01

Shanghai Kinlita Chemical Co (SZSE:300225) 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.

Shanghai Kinlita Chemical Co LT-Debt-to-Total-Asset Related Terms

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

Shanghai Kinlita Chemical Co (SZSE:300225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shanghai Kinlita Chemical Co Ltd (SZSE:300225) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139, Chugong Road, Shanghai Chemical Industry Zone, Shanghai, CHN, 201417

Website

http://www.knt.cn

Shanghai Kinlita Chemical Co Ltd is a player in the mid and high-end industrial coating industry. The company's product lineup includes automotive and industrial cationic electrocoat (CED), OEM automotive primer surfacer and topcoat.

Executives

Jing Zong Fa	Director
Yan Jia Hua	Directors, executives
Tang Yang	Secretary, Director
Liu Jin Mei	Director
Liu Xue Min	Supervisors
Su Ming Zhong	Director
Tian Bao Guo	Directors, executives
Wu Guo Zheng	Director
Zhou Wen Biao	Supervisors
Mou Zong Yuan	Director
Qian Qiong Wei	Directors, executives

Shanghai Kinlita Chemical Co (SZSE:300225) Headlines

No Headlines