Contemporary Amperex Technology Co (SZSE:300750) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

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What is Contemporary Amperex 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. Contemporary Amperex Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Contemporary Amperex Technology Co's long-term debt to total assets ratio declined from Dec. 2023 (0.14) to Dec. 2024 (0.12). It may suggest that Contemporary Amperex Technology Co is progressively becoming less dependent on debt to grow their business.

Contemporary Amperex Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Contemporary Amperex 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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Contemporary Amperex Technology Co LT-Debt-to-Total-Asset Chart

Contemporary Amperex Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.13

0.14

0.12

Contemporary Amperex Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.15	0.13	0.12

Contemporary Amperex Technology Co LT-Debt-to-Total-Asset Calculation

Contemporary Amperex 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 )
	=	93823.893	/	786658.123
	=	0.12

Contemporary Amperex Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	93823.893	/	786658.123
	=	0.12

Contemporary Amperex Technology Co (SZSE:300750) 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.

Contemporary Amperex Technology Co LT-Debt-to-Total-Asset Related Terms

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Contemporary Amperex Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Contemporary Amperex Technology Co Ltd (SZSE:300750) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 2, Xingang Road, Liwan Town, Jiaocheng District, Fujian Province, Ningde City, CHN, 352100

Website

http://www.catlbattery.com

CATL, headquartered in Ningde, Fujian Province, is a global leading battery manufacturer founded in 2011. The company specializes in the development and production of lithium-ion batteries for EVs and energy storage systems. CATL is the largest EV battery manufacturer in the world and leads the industry in innovative battery technology development for higher-energy density and safety, longer battery service life and super-fast charging. CATL is also involved in the manufacturing of cathode and other related battery materials. Through its subsidiary Brunp, it works with customers to create a closed-loop battery life cycle from production, application, to recycling.

Executives

Huang Shi Lin	Directors, executives
Zheng Shu	Executives
Tan Li Bin	Executives

Contemporary Amperex Technology Co Headlines

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