Guangdong Brandmax Marketing Co (SZSE:300805) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Guangdong Brandmax Marketing 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 Brandmax Marketing Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Guangdong Brandmax Marketing Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that Guangdong Brandmax Marketing Co is progressively becoming more dependent on debt to grow their business.

Guangdong Brandmax Marketing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangdong Brandmax Marketing 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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Guangdong Brandmax Marketing Co LT-Debt-to-Total-Asset Chart

Guangdong Brandmax Marketing Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Guangdong Brandmax Marketing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Guangdong Brandmax Marketing Co LT-Debt-to-Total-Asset Calculation

Guangdong Brandmax Marketing Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	15.212	/	2035.34
	=	0.01

Guangdong Brandmax Marketing Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	14.357	/	1954.616
	=	0.01

Guangdong Brandmax Marketing Co (SZSE:300805) 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.

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Guangdong Brandmax Marketing Co (SZSE:300805) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangdong Brandmax Marketing Co Ltd (SZSE:300805) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 163, Pingyun Road, Huangpu Road, Three rooms on the fourth floor of the Communication Building, Tianhe District, Guangdong, Guangzhou, CHN

Website

http://www.brandmax.com.cn

Guangdong Brandmax Marketing Co Ltd is a provider of planning, execution, monitoring, and feedback services for marketing activities such as interactive display, retail terminal management, and brand communication.

Executives

Zhang Li	Directors, executives
He Ling Li	Executives
Liu Ying	Secretary Dong

Guangdong Brandmax Marketing Co (SZSE:300805) Headlines

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