Kunshan TopA Intelligent Equipment Co (SZSE:300836) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Kunshan TopA Intelligent Equipment 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. Kunshan TopA Intelligent Equipment Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Kunshan TopA Intelligent Equipment Co's long-term debt to total assets ratio declined from Sep. 2023 (0.01) to Sep. 2024 (0.00). It may suggest that Kunshan TopA Intelligent Equipment Co is progressively becoming less dependent on debt to grow their business.

Kunshan TopA Intelligent Equipment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kunshan TopA Intelligent Equipment 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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Kunshan TopA Intelligent Equipment Co LT-Debt-to-Total-Asset Chart

Kunshan TopA Intelligent Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Kunshan TopA Intelligent Equipment 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															0.01	0.01	0.03	0.02	-

Kunshan TopA Intelligent Equipment Co LT-Debt-to-Total-Asset Calculation

Kunshan TopA Intelligent Equipment 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 )
	=	9.215	/	907.934
	=	0.01

Kunshan TopA Intelligent Equipment 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 )
	=	0	/	874.308
	=	0.00

Kunshan TopA Intelligent Equipment Co (SZSE:300836) 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.

Kunshan TopA Intelligent Equipment Co LT-Debt-to-Total-Asset Related Terms

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Kunshan TopA Intelligent Equipment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kunshan TopA Intelligent Equipment Co Ltd (SZSE:300836) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Room 8, No. 232, Yuanfeng Road, Yushan Town, Jiangsu Province, Kunshan, CHN, 214000

Website

http://www.kstopa.com.cn

Kunshan TopA Intelligent Equipment Co Ltd is engaged in the design, manufacture, processing and sales of intelligent manufacturing equipment. The company's products include Baiao Zhizao; Fuse box assembly; Biomark manufactures Siemens stamp production line; ECU assembly line; Synchronous belt loop conveying streamline; and Straight reflux conveying streamline. It provides its products to the consumer electronics and transportation industry.

Executives

Zhu Li Hua	Directors, Directors, and Executives
Zhuang Hua Feng	Director
Shi Feng Hua	Director
Xiao Chao Peng	Directors, executives

Kunshan TopA Intelligent Equipment Co Headlines

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