NanJing Research Inst Of Surveying Mapping & Geotec Inves Co (SZSE:300826) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is NanJing Research Inst Of Surveying Mapping & Geotec Inves 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. NanJing Research Inst Of Surveying Mapping & Geotec Inves Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.08). It may suggest that NanJing Research Inst Of Surveying Mapping & Geotec Inves Co is progressively becoming less dependent on debt to grow their business.

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for NanJing Research Inst Of Surveying Mapping & Geotec Inves 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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NanJing Research Inst Of Surveying Mapping & Geotec Inves Co LT-Debt-to-Total-Asset Chart

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.07

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.07	0.07	0.08	0.08

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co LT-Debt-to-Total-Asset Calculation

NanJing Research Inst Of Surveying Mapping & Geotec Inves 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 )
	=	180.482	/	2558.129
	=	0.07

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	191.317	/	2449.875
	=	0.08

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co (SZSE:300826) 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.

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co LT-Debt-to-Total-Asset Related Terms

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NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Ltd (SZSE:300826) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 88 Chuangyi Road, Jianye District, Jiangsu Province, Nanjing, CHN, 210019

Website

http://www.njcky.com

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Ltd is engaged in surveying and mapping geographic information service business in the geographic information industry. The company forms an integrated service for underground pipeline detection, construction, storage, operation and maintenance, underground space development and utilization, and urban maps compilation, remote sensing applications, creates a comprehensive support platform for geographic information application, automated monitoring platform for rail transit, comprehensive service platform for urban water affairs, garden (old and famous tree) management system, city construction infrastructure comprehensive maintenance system and other industry-influential products and service applications.

Executives

Zuo Dou Mei	Directors, executives
Liu Wen Wu	Directors, executives
Li Yong	Supervisors

NanJing Research Inst Of Surveying Mapping & Geotec Inves Co Headlines

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