Silkroad Vision Technology Co (SZSE:300556) LT-Debt-to-Total-Asset : 0.15 (As of Sep. 2024)

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What is Silkroad Vision 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. Silkroad Vision Technology Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.15.

Silkroad Vision Technology Co's long-term debt to total assets ratio increased from Sep. 2023 (0.12) to Sep. 2024 (0.15). It may suggest that Silkroad Vision Technology Co is progressively becoming more dependent on debt to grow their business.

Silkroad Vision Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Silkroad Vision 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.

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Silkroad Vision Technology Co LT-Debt-to-Total-Asset Chart

Silkroad Vision Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.13

0.12

Silkroad Vision 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															0.12	0.12	0.13	0.14	0.15

Silkroad Vision Technology Co LT-Debt-to-Total-Asset Calculation

Silkroad Vision 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 )
	=	252.499	/	2192.215
	=	0.12

Silkroad Vision 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 )
	=	271.017	/	1869.175
	=	0.14

Silkroad Vision Technology Co (SZSE:300556) 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.

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Silkroad Vision Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Silkroad Vision Technology Co Ltd (SZSE:300556) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1021 Buji Road, Dongxiao Street, Room 301(306-308), Tianle Building, Lanhua Community, Luohu District, Guangdong, Shenzhen, CHN, 518045

Website

http://www.silkroadcg.com

Silkroad Vision Technology Co Ltd is engaged in the digital visual integrated service business. The company provides digital visualization, video animation, computer graphics (CG) game, exhibition, digital stage art, and CG training services. It serves the government departments, real estate enterprises, design institutes and other enterprises.

Executives

Li Meng Di	Directors, executives
Yue Feng	Executives
Wang Jun Ping	Director
Wang Yu	Secretary Dong
Wang Xiu Qin	Directors, executives
Tian Wan Jun	Executives
Hu Jing Hua	Director
Li Peng Hui	Directors, executives
Ding Peng Qing	Executives
Kang Yu Lu	Executives
Xiang Lan Di	Supervisors
Wang Dan	Executives
He Tao	Executives
Pei Ge Xin	Directors, executives
Dong Hai Ping	Director

Silkroad Vision Technology Co Headlines

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