Shenzhen New Industries Biomedical Engineering Co (SZSE:300832) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Shenzhen New Industries Biomedical Engineering 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. Shenzhen New Industries Biomedical Engineering Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Shenzhen New Industries Biomedical Engineering Co's long-term debt to total assets ratio declined from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Shenzhen New Industries Biomedical Engineering Co is progressively becoming less dependent on debt to grow their business.

Shenzhen New Industries Biomedical Engineering Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen New Industries Biomedical Engineering 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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Shenzhen New Industries Biomedical Engineering Co LT-Debt-to-Total-Asset Chart

Shenzhen New Industries Biomedical Engineering Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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Shenzhen New Industries Biomedical Engineering 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															-	-	-	-	-

Shenzhen New Industries Biomedical Engineering Co LT-Debt-to-Total-Asset Calculation

Shenzhen New Industries Biomedical Engineering 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 )
	=	3.494	/	8222.489
	=	0.00

Shenzhen New Industries Biomedical Engineering 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 )
	=	3.067	/	8836.313
	=	0.00

Shenzhen New Industries Biomedical Engineering Co (SZSE:300832) 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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Shenzhen New Industries Biomedical Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shenzhen New Industries Biomedical Engineering Co Ltd (SZSE:300832) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 23, Jinxiu East Road, Kengzi Street, 21st Floor, New Industrial Bio Building, Jinsha Community, Pingshan District, Guangdong Province, Shenzhen, CHN, 518118

Website

https://www.snibe.com

Shenzhen New Industries Biomedical Engineering Co Ltd is researching, developing, producing and selling a series of fully automatic chemiluminescence immunoassay instruments and supporting reagents.

Executives

Rao Jie	Director
Liu Hai Yan	Executives
Ma Jie	Supervisors
Ding Chen Liu	Executives
Zhang Xiao Hong	Executives
Zhang Lei	Directors, executives
Li Ting Hua	Executives
Song Hong Tao	Supervisors
Liu Peng	Director
Jiang Li Li	Supervisors

Shenzhen New Industries Biomedical Engineering Co Headlines

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