Shu Yu Civilian Pharmacy (SZSE:301017) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2024)

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What is Shu Yu Civilian Pharmacy 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. Shu Yu Civilian Pharmacy's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.18.

Shu Yu Civilian Pharmacy's long-term debt to total assets ratio declined from Sep. 2023 (0.19) to Sep. 2024 (0.18). It may suggest that Shu Yu Civilian Pharmacy is progressively becoming less dependent on debt to grow their business.

Shu Yu Civilian Pharmacy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shu Yu Civilian Pharmacy'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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Shu Yu Civilian Pharmacy LT-Debt-to-Total-Asset Chart

Shu Yu Civilian Pharmacy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.17

0.18

Shu Yu Civilian Pharmacy 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															0.19	0.18	0.19	0.20	0.18

Shu Yu Civilian Pharmacy LT-Debt-to-Total-Asset Calculation

Shu Yu Civilian Pharmacy'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 )
	=	1671.338	/	9333.676
	=	0.18

Shu Yu Civilian Pharmacy'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 )
	=	1657.942	/	9289.597
	=	0.18

Shu Yu Civilian Pharmacy (SZSE:301017) 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.

Shu Yu Civilian Pharmacy LT-Debt-to-Total-Asset Related Terms

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Shu Yu Civilian Pharmacy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shu Yu Civilian Pharmacy Corp Ltd (SZSE:301017) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

56 Shanda North Road, Licheng District, Shandong Province, Jinan, CHN, 250100

Website

http://www.shuyupingmin.com

Shu Yu Civilian Pharmacy Corp Ltd is primarily involved in the operation and sales of Chinese and Western patent medicines, health foods, Chinese herbal medicines, health equipment and other products.

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