Jiangsu Canlon Building Materials Co (SZSE:300715) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2025)

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What is Jiangsu Canlon Building Materials 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. Jiangsu Canlon Building Materials Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.18.

Jiangsu Canlon Building Materials Co's long-term debt to total assets ratio increased from Mar. 2024 (0.16) to Mar. 2025 (0.18). It may suggest that Jiangsu Canlon Building Materials Co is progressively becoming more dependent on debt to grow their business.

Jiangsu Canlon Building Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jiangsu Canlon Building Materials 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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Jiangsu Canlon Building Materials Co LT-Debt-to-Total-Asset Chart

Jiangsu Canlon Building Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.06

0.11

0.17

0.18

0.17

Jiangsu Canlon Building Materials 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															0.16	0.14	0.15	0.17	0.18

Jiangsu Canlon Building Materials Co LT-Debt-to-Total-Asset Calculation

Jiangsu Canlon Building Materials 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 )
	=	862.35	/	5076.144
	=	0.17

Jiangsu Canlon Building Materials 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 )
	=	851.158	/	4739.199
	=	0.18

Jiangsu Canlon Building Materials Co (SZSE:300715) 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.

Jiangsu Canlon Building Materials Co LT-Debt-to-Total-Asset Related Terms

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Jiangsu Canlon Building Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Jiangsu Canlon Building Materials Co Ltd (SZSE:300715) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No.8, Hengtong Road, Qidu Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215234

Website

http://www.canlon.com.cn

Jiangsu Canlon Building Materials Co Ltd is a China-based company engages in the manufacturing of waterproofing materials. Its products range include macromolecule membrane, PVC waterproofing membrane, CL-TPO thermoplastic, self-adhesive membrane and waterproof coatings. It offers its solution in residential constructions, metal roofing systems, tunnels, and pitched roof wooden structures.

Executives

Li Zhong Ren	Directors, executives
Wang Zhi Yang	Supervisors
Liu Ji Ming	Supervisors
Zhang Yong	Directors, executives
Chen Hong Jin	Executives
Zhu Qing Qi	Securities Affairs Representative
Qian Lin Di	Director

Jiangsu Canlon Building Materials Co Headlines

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