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Sichuan Shudao Equipment and Technology Co (SZSE:300540) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


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What is Sichuan Shudao Equipment and 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. Sichuan Shudao Equipment and Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Sichuan Shudao Equipment and Technology Co's long-term debt to total assets ratio declined from Sep. 2023 (0.04) to Sep. 2024 (0.00). It may suggest that Sichuan Shudao Equipment and Technology Co is progressively becoming less dependent on debt to grow their business.


Sichuan Shudao Equipment and Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sichuan Shudao Equipment and 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.

Sichuan Shudao Equipment and Technology Co LT-Debt-to-Total-Asset Chart

Sichuan Shudao Equipment and 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 Premium Member Only Premium Member Only - - 0.02 - 0.04

Sichuan Shudao Equipment and 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.03 - -

Sichuan Shudao Equipment and Technology Co LT-Debt-to-Total-Asset Calculation

Sichuan Shudao Equipment and 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 )
=60.622/1740.615
=0.03

Sichuan Shudao Equipment and 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 )
=5.185/1738.157
=0.00

* 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.


Sichuan Shudao Equipment and Technology Co  (SZSE:300540) 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.


Sichuan Shudao Equipment and Technology Co LT-Debt-to-Total-Asset Related Terms

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Sichuan Shudao Equipment and Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 569, Tongshanqiao Road, North Area of ??Modern Industrial Port, Pidu District, Sichuan Province, Chengdu, CHN, 611743
Sichuan Shudao Equipment and Technology Co Ltd R&D, production, and sales of LNG liquefaction equipment, liquid air separation equipment, and cryogenic liquid storage and transportation. It is a joint-stock enterprise that focuses on equipment and is committed to the development and application of new energy and energy-saving technologies, as well as the research and development and manufacture of transportation equipment. Its products and services include Cryogenic technology equipment manufacturing services, Energy Equipment Manufacturing Services, Transportation Equipment Manufacturing Services, and Gas and clean energy investment operations.
Executives
Wen Xiang Nan Executives
Zhang Jian Hua Executives
Ma Ji Gang Directors, executives
Liu Ying Guo Supervisors
Cheng Yuan Director
Xiao Hui He Director
Huang Su Supervisors
Xia Zhi Hui Supervisors
Cui Zhi Xiang Directors, executives

Sichuan Shudao Equipment and Technology Co Headlines

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