Changsha Dialine New Material Sci.&Tech. Co (SZSE:300700) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2025)

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What is Changsha Dialine New Material Sci.&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. Changsha Dialine New Material Sci.&Tech. Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.06.

Changsha Dialine New Material Sci.&Tech. Co's long-term debt to total assets ratio declined from Mar. 2024 (0.10) to Mar. 2025 (0.06). It may suggest that Changsha Dialine New Material Sci.&Tech. Co is progressively becoming less dependent on debt to grow their business.

Changsha Dialine New Material Sci.&Tech. Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Changsha Dialine New Material Sci.&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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Changsha Dialine New Material Sci.&Tech. Co LT-Debt-to-Total-Asset Chart

Changsha Dialine New Material Sci.&Tech. Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.19

0.04

0.05

0.08

0.06

Changsha Dialine New Material Sci.&Tech. 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															0.10	0.10	0.09	0.06	0.06

Changsha Dialine New Material Sci.&Tech. Co LT-Debt-to-Total-Asset Calculation

Changsha Dialine New Material Sci.&Tech. 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 )
	=	109.733	/	1716.867
	=	0.06

Changsha Dialine New Material Sci.&Tech. 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 )
	=	110.124	/	1751.256
	=	0.06

Changsha Dialine New Material Sci.&Tech. Co (SZSE:300700) 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.

Changsha Dialine New Material Sci.&Tech. Co LT-Debt-to-Total-Asset Related Terms

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Changsha Dialine New Material Sci.&Tech. Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Changsha Dialine New Material Sci.&Tech. Co Ltd (SZSE:300700) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 108, Huanlian Road, Changsha High-tech Development Zone, Hunan Province, Changsha, CHN, 410205

Website

http://www.diamsaw.com

Changsha Dialine New Material Sci.&Tech. Co Ltd is specializing in the research and development, and manufacture and sales of diamond wire in China. The company's products are mainly used for the cutting of hard and brittle materials such as crystalline silicon and sapphire.

Executives

Duan Zhi Yong	Directors, executives
Zhong Jian Ming	Directors, executives
Kang Jie Jiao	Directors, executives
Li Tong	Supervisors
Zhou Jia Hua	Directors, executives
Yang Hui Huang	Director
Duan Zhi Ming	Director
Liu Hong Bo	Independent director
Kuang Yi Xin	Directors, executives
Li Jun	Supervisors

Changsha Dialine New Material Sci.&Tech. Co Headlines

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