Xiamen GP Electronics Co (SZSE:300632) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2025)

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What is Xiamen GP Electronics 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. Xiamen GP Electronics Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.02.

Xiamen GP Electronics Co's long-term debt to total assets ratio declined from Mar. 2024 (0.04) to Mar. 2025 (0.02). It may suggest that Xiamen GP Electronics Co is progressively becoming less dependent on debt to grow their business.

Xiamen GP Electronics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Xiamen GP Electronics 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.
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Xiamen GP Electronics Co LT-Debt-to-Total-Asset Chart

Xiamen GP Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.03

0.04

0.02

Xiamen GP Electronics 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															0.04	0.02	0.02	0.02	0.02

Xiamen GP Electronics Co LT-Debt-to-Total-Asset Calculation

Xiamen GP Electronics 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 )
	=	36.779	/	2389.452
	=	0.02

Xiamen GP Electronics 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 )
	=	52.954	/	2486.008
	=	0.02

Xiamen GP Electronics Co (SZSE:300632) 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.

Xiamen GP Electronics Co LT-Debt-to-Total-Asset Related Terms

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Xiamen GP Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Xiamen GP Electronics Co Ltd (SZSE:300632) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 3, Siming Software Park, Phase I, Room 3F-A1468, Block C, Innovation Building, Torch High-tech Zone, Fujian Province, Xiamen, CHN, 361101

Website

http://www.goproled.cn

Xiamen GP Electronics Co Ltd is a China-based company engages in the manufacture, and sale of LED packaging and application products. It is also engaged in the research and development of key components (LED packaging, LED backlight components, FPC) for LED lighting and LED applications.

Executives

Lin Rui Mei	Director
Lin Wen Kun	Directors, executives
Peng Xin Xia	Executives
Wu Xi Min	Directors, executives
Zhan Qing Rong	Securities Affairs Representative

Xiamen GP Electronics Co Headlines

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