Shenzhen Aoni Electronic Co (SZSE:301189) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Shenzhen Aoni Electronic 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 Aoni Electronic Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Shenzhen Aoni Electronic Co's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Shenzhen Aoni Electronic Co is progressively becoming less dependent on debt to grow their business.

Shenzhen Aoni Electronic Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Aoni Electronic 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 Aoni Electronic Co LT-Debt-to-Total-Asset Chart

Shenzhen Aoni Electronic Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.12

0.04

0.03

0.02

Shenzhen Aoni Electronic 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	0.02	0.02	0.01	0.01

Shenzhen Aoni Electronic Co LT-Debt-to-Total-Asset Calculation

Shenzhen Aoni Electronic 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 )
	=	42.998	/	2572.51
	=	0.02

Shenzhen Aoni Electronic 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 )
	=	29.331	/	2502.434
	=	0.01

Shenzhen Aoni Electronic Co (SZSE:301189) 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.

Shenzhen Aoni Electronic Co LT-Debt-to-Total-Asset Related Terms

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Shenzhen Aoni Electronic Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Aoni Electronic Co Ltd (SZSE:301189) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Liuxian 2nd Road, Xin’an Street, Honghui Industrial Park, Building 5, 2nd, 3rd, 6th, 7th floor, West half of 8th Floor, Bao’an District, Guangdong Province, Shenzhen, CHN, 518101

Website

http://www.aoni.cc/

Shenzhen Aoni Electronic Co Ltd is engaged in the research and development, manufacturing and sales of PC/TV cameras.

Executives

Wu Shi Jie	Directors, executives
Wu Bin	Directors, executives
Wu Cheng Hui	Directors, executives

Shenzhen Aoni Electronic Co Headlines

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