Zhangjiagang Furui Special Equipment Co (SZSE:300228) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Zhangjiagang Furui Special Equipment 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. Zhangjiagang Furui Special Equipment Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Zhangjiagang Furui Special Equipment Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.01). It may suggest that Zhangjiagang Furui Special Equipment Co is progressively becoming more dependent on debt to grow their business.

Zhangjiagang Furui Special Equipment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhangjiagang Furui Special Equipment 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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Zhangjiagang Furui Special Equipment Co LT-Debt-to-Total-Asset Chart

Zhangjiagang Furui Special Equipment Co Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.04

0.02

0.01

Zhangjiagang Furui Special Equipment 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															-	0.01	-	0.01	0.01

Zhangjiagang Furui Special Equipment Co LT-Debt-to-Total-Asset Calculation

Zhangjiagang Furui Special Equipment 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 )
	=	20.685	/	4263.054
	=	0.00

Zhangjiagang Furui Special Equipment 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 )
	=	30.035	/	4251.583
	=	0.01

Zhangjiagang Furui Special Equipment Co (SZSE:300228) 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.

Zhangjiagang Furui Special Equipment Co LT-Debt-to-Total-Asset Related Terms

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Zhangjiagang Furui Special Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhangjiagang Furui Special Equipment Co Ltd (SZSE:300228) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Chen 19 New Road, Yangshe Town, Zhangjiagang City, Jiangsu Province, CHN, 215637

Website

http://www.furuise.com

Zhangjiagang Furui Special Equipment Co Ltd is engaged in the design and manufacture of the one-stop integrated solution of natural gas liquefaction, storage, transportation, loading, and unloading as well as the terminal application; and non-standard heavy-duty pressure vessels, vehicle motors remanufacturing, hydrogen Energy equipments and IOT (Internet of Things) of LNG industry.

Executives

Wu Pin Fang	Director
Yu Qing Qing	Securities Affairs Representative
Huang Feng	Directors, executives
Zhang Jian Zhong	Executives
Jiang Yan	Executives
Yin Jin Song	Executives
Meng Wei Hua	Executives
Xu Xue Hao	Executives
Zhang Bo	Executives
Guo Jing Juan	Independent director
Zhou Jian Lin	Executives
Xu Jun Jie	Executives
Wu Xin Hua	Executives
Peng Jun Chou	Executives
Wu Qi Ming	Supervisors

Zhangjiagang Furui Special Equipment Co Headlines

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