Guangdong Kingstrong Technology Co (SZSE:300629) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Kingstrong 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. Guangdong Kingstrong Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.04.

Guangdong Kingstrong Technology Co's long-term debt to total assets ratio increased from Mar. 2024 (0.02) to Mar. 2025 (0.04). It may suggest that Guangdong Kingstrong Technology Co is progressively becoming more dependent on debt to grow their business.

Guangdong Kingstrong Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangdong Kingstrong 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.

Guangdong Kingstrong Technology Co LT-Debt-to-Total-Asset Chart

Guangdong Kingstrong Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.03

0.02

0.04

Guangdong Kingstrong Technology Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.05	0.04	0.04	0.04

Guangdong Kingstrong Technology Co LT-Debt-to-Total-Asset Calculation

Guangdong Kingstrong Technology Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	87.934	/	2090.659
	=	0.04

Guangdong Kingstrong Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	86.494	/	2054.014
	=	0.04

Guangdong Kingstrong Technology Co (SZSE:300629) 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.

Guangdong Kingstrong Technology Co LT-Debt-to-Total-Asset Related Terms

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

Guangdong Kingstrong Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Kingstrong Technology Co Ltd (SZSE:300629) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 6 Bo Jin Road, Wujin Industirial Zone, Danzao town, Office Building and Workshop, Nanhai district, Guangdong, Foshan, CHN, 528216

Website

http://www.king-strong.com

Guangdong Kingstrong Technology Co Ltd is a Chinese company engaged in offering superhard material products, electromagnetism, powder-metallurgy material and carbides coated composite products. The products have applications in the industry of ceramics, mine, construction, building materials, metallurgy, electricity, refractory material and military industry. The organization sells its products in China, and also exports it to the other countries. The product portfolio of the company includes diamond roller, diamond roller integrated, cylindrical wheel, and soft polishing resin sheet, among others.

Executives

Wang Gang	Directors, executives
Wen Jun	Director
Zhang Tian Rong	Directors, executives
Dong Xue You	Directors, executives
Peng Bo	Director
Luo Hai Yan	Executives
Wang Zhen Ming	Directors, executives
Kuang Tong Chun	Independent director
Hu Qun Mei	Supervisors

Guangdong Kingstrong Technology Co Headlines

No Headlines