Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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

What is Shenzhen Sunshine Laser and Electronics 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. Shenzhen Sunshine Laser and Electronics Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Shenzhen Sunshine Laser and Electronics Technology Co's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.07). It may suggest that Shenzhen Sunshine Laser and Electronics Technology Co is progressively becoming more dependent on debt to grow their business.

Shenzhen Sunshine Laser and Electronics Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Sunshine Laser and Electronics 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.

* Premium members only.

Shenzhen Sunshine Laser and Electronics Technology Co LT-Debt-to-Total-Asset Chart

Shenzhen Sunshine Laser and Electronics Technology 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

0.09

0.06

0.05

0.03

Shenzhen Sunshine Laser and Electronics Technology 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															0.05	0.05	0.05	0.03	0.07

Shenzhen Sunshine Laser and Electronics Technology Co LT-Debt-to-Total-Asset Calculation

Shenzhen Sunshine Laser and Electronics 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 )
	=	72.306	/	2723.945
	=	0.03

Shenzhen Sunshine Laser and Electronics Technology 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 )
	=	173.07	/	2666.586
	=	0.06

Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) 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.

Shenzhen Sunshine Laser and Electronics Technology Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Shenzhen Sunshine Laser and Electronics Technology Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Sunshine Laser and Electronics Technology Co Ltd (SZSE:300227) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 13 Langshan Road, 1st Floor, Block C, Tsinghua Unisplendour Technology Park, Nanshan District, Shenzhen, CHN, 518051

Website

http://www.sunshine-laser.com

Shenzhen Sunshine Laser and Electronics Technology Co Ltd is engaged in providing laser technology and application services to manufacturing and processing industries. The products and services of the company include additive manufacturing, laser three dimensional circuit, flexible circuit board laser forming, precision laser drilling, and precision laser template.

Executives

Wang Rong	Directors, executives
Zhang Hong Yu	Directors, executives
Wang Jun	Executives
Hou Ruo Hong	Directors, executives
Fan Rong	Securities Affairs Representative
Cai Zhi Xiang	Executives
Li Lu	Secretary Dong
Zhang Yu Feng	Director
Chen Xuan	Executives

Shenzhen Sunshine Laser and Electronics Technology Co (SZSE:300227) Headlines

No Headlines