Winner Medical Co (SZSE:300888) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is Winner Medical 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. Winner Medical Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Winner Medical Co's long-term debt to total assets ratio increased from Sep. 2023 (0.02) to Sep. 2024 (0.03). It may suggest that Winner Medical Co is progressively becoming more dependent on debt to grow their business.

Winner Medical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Winner Medical 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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Winner Medical Co LT-Debt-to-Total-Asset Chart

Winner Medical Co Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

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Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.02

0.03

Winner Medical 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															0.02	0.03	0.03	0.02	0.03

Winner Medical Co LT-Debt-to-Total-Asset Calculation

Winner Medical 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 )
	=	462.01	/	17112.022
	=	0.03

Winner Medical 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 )
	=	526.878	/	17844.221
	=	0.03

Winner Medical Co (SZSE:300888) 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.

Winner Medical Co LT-Debt-to-Total-Asset Related Terms

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Winner Medical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Winner Medical Co Ltd (SZSE:300888) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

No. 660 Bulong Road, Wenjian Industrial Park, Longhua New District ,Guangdong Province, Shenzhen, CHN, 518109

Website

https://www.winnermedical.com

Winner Medical Co Ltd is a manufacturer for disposable wound-care and surgical products in China. The company is engaged in manufacturing, R&D and marketing cotton-based medical dressings and medical disposables, as well as consumer products under its own Purcotton brand.

Executives

Zhang Yan	Supervisors
Liu Hua	Supervisors
Chen Hui Xuan	Directors, executives
Zhang Li	Executives
Fang Xiu Yuan	Directors, executives
Wang Ying	Supervisors

Winner Medical Co Headlines

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