Hunan Yuneng New Energy Battery Material Co (SZSE:301358) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hunan Yuneng New Energy Battery Material 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. Hunan Yuneng New Energy Battery Material Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.12.

Hunan Yuneng New Energy Battery Material Co's long-term debt to total assets ratio increased from Dec. 2023 (0.10) to Dec. 2024 (0.12). It may suggest that Hunan Yuneng New Energy Battery Material Co is progressively becoming more dependent on debt to grow their business.

Hunan Yuneng New Energy Battery Material Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hunan Yuneng New Energy Battery Material 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.

* Premium members only.

Hunan Yuneng New Energy Battery Material Co LT-Debt-to-Total-Asset Chart

Hunan Yuneng New Energy Battery Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.03

0.12

0.10

0.12

Hunan Yuneng New Energy Battery Material Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.10	0.14	0.13	0.12	0.12

Hunan Yuneng New Energy Battery Material Co LT-Debt-to-Total-Asset Calculation

Hunan Yuneng New Energy Battery Material Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	3758.853	/	30342.07
	=	0.12

Hunan Yuneng New Energy Battery Material Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	3758.853	/	30342.07
	=	0.12

Hunan Yuneng New Energy Battery Material Co (SZSE:301358) 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.

Hunan Yuneng New Energy Battery Material Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hunan Yuneng New Energy Battery Material Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hunan Yuneng New Energy Battery Material Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Yuneng New Energy Battery Material Co Ltd (SZSE:301358) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 18 Rili Road, Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411202

Website

http://www.hunanyuneng.com

Hunan Yuneng New Energy Battery Material Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries. The company's main products include lithium- ion batteries cathode materials such as lithium iron phosphate and ternary materials, which is mainly used in the manufacture of lithium-ion batteries such as power batteries and energy storage batteries, and is ultimately energy used in new vehicles, Energy storage and other fields.

Hunan Yuneng New Energy Battery Material Co Headlines

No Headlines