Guangdong DP Co (SZSE:300808) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Guangdong DP 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 DP Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Guangdong DP Co's long-term debt to total assets ratio increased from Dec. 2023 (0.09) to Dec. 2024 (0.10). It may suggest that Guangdong DP Co is progressively becoming more dependent on debt to grow their business.

Guangdong DP Co LT-Debt-to-Total-Asset Historical Data

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

Guangdong DP 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

0.05

0.06

0.09

0.10

Guangdong DP 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															0.09	0.10	0.10	0.12	0.10

Guangdong DP Co LT-Debt-to-Total-Asset Calculation

Guangdong DP 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 )
	=	128.635	/	1262.599
	=	0.10

Guangdong DP 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 )
	=	128.635	/	1262.599
	=	0.10

Guangdong DP Co (SZSE:300808) 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 DP Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong DP Co Ltd (SZSE:300808) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Yuncheng West Road, Green Floor Center, No. 888, Baiyun District, Guangzhou, CHN

Website

http://www.dpled.com

Guangdong DP Co Ltd engages in the design, research and development, production and sales of LED lighting products. Its products portfolio includes LED desk lamps, LED torch, LED searchlights, LED headlights, LED emergency lights, LED camping lanterns, mosquito killers, household lightings, strips, among others.

Executives

Zhuo Chu Guang	Directors, executives
Guo Shao Yan	Director

Guangdong DP Co Headlines

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