Beijing Topnew Info & Tech Co (SZSE:300895) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Beijing Topnew Info & Tech 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. Beijing Topnew Info & Tech Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Beijing Topnew Info & Tech Co's long-term debt to total assets ratio declined from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Beijing Topnew Info & Tech Co is progressively becoming less dependent on debt to grow their business.

Beijing Topnew Info & Tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Beijing Topnew Info & Tech 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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Beijing Topnew Info & Tech Co LT-Debt-to-Total-Asset Chart

Beijing Topnew Info & Tech Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Beijing Topnew Info & Tech 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															-	-	-	-	-

Beijing Topnew Info & Tech Co LT-Debt-to-Total-Asset Calculation

Beijing Topnew Info & Tech 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 )
	=	3.473	/	1107.15
	=	0.00

Beijing Topnew Info & Tech 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 )
	=	1.969	/	1040.165
	=	0.00

Beijing Topnew Info & Tech Co (SZSE:300895) 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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Beijing Topnew Info & Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Topnew Info & Tech Co Ltd (SZSE:300895) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

31 Tiantan East Road, Tongniu Information Building, Dongcheng District, Beijing, CHN, 100061

Website

http://www.topnewinfo.cn

Beijing Topnew Info & Tech Co Ltd is a software company providing internet data center services, cloud services, internet access services, internet data center and cloud platform information system integration services, application software development services. The company provides high-end IT technical services for global multinational companies, and provides customers with customized comprehensive solutions such as design, procurement, configuration, testing, installation, inventory management, and transportation services, and realize all over the world IT delivery.

Executives

Gao Hong Bo	Directors, executives
Li Chao Cheng	Executives
Liu Yi	Directors, executives
Fan Hong Tao	Executives
Zhang Ying	Supervisors

Beijing Topnew Info & Tech Co Headlines

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