Shenzhen Ysstech Info-tech Co (SZSE:300377) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Shenzhen Ysstech Info-tech 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 Ysstech Info-tech Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Shenzhen Ysstech Info-tech Co's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.01). It may suggest that Shenzhen Ysstech Info-tech Co is progressively becoming less dependent on debt to grow their business.

Shenzhen Ysstech Info-tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Ysstech Info-tech 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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Shenzhen Ysstech Info-tech Co LT-Debt-to-Total-Asset Chart

Shenzhen Ysstech Info-tech Co Annual Data

Trend

Dec14

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Dec23

LT-Debt-to-Total-Asset

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0.01

Shenzhen Ysstech Info-tech 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	0.01	0.01

Shenzhen Ysstech Info-tech Co LT-Debt-to-Total-Asset Calculation

Shenzhen Ysstech Info-tech 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 )
	=	30.03	/	3315.906
	=	0.01

Shenzhen Ysstech Info-tech 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 )
	=	26.676	/	3210.93
	=	0.01

Shenzhen Ysstech Info-tech Co (SZSE:300377) 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 Ysstech Info-tech Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Ysstech Info-tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Ysstech Info-tech Co Ltd (SZSE:300377) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Hong Qiao Road, Shenzhen City Plaza, Building B, No. 4068, Nanshan District, Shenzhen, CHN, 518053

Website

http://www.ysstech.com

Shenzhen Ysstech Info-tech Co Ltd is a professional financial industry system solutions provider. The industry it serves include banks, fund companies, securities companies, insurance companies, trust companies, money management firms.

Executives

Tang Qiu	Director
He Fang Fang	Supervisors
Yan Jian Hong	Director
Zhou Yun Shan	Directors, executives
Yan Jian Bing	Director
Cheng Xia	Directors, executives
Pang Jun	Directors, executives
Zhang Lie	Director

Shenzhen Ysstech Info-tech Co Headlines

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