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Zhejiang Fengmao Technology Co (SZSE:301459) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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

Zhejiang Fengmao Technology Co's long-term debt to total assets ratio stayed the same from Sep. 2023 (0.01) to Sep. 2024 (0.01).


Zhejiang Fengmao Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Fengmao Technology 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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Zhejiang Fengmao Technology Co LT-Debt-to-Total-Asset Chart

Zhejiang Fengmao Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Zhejiang Fengmao Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - - 0.01 0.01

Zhejiang Fengmao Technology Co LT-Debt-to-Total-Asset Calculation

Zhejiang Fengmao Technology 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 )
=4.905/1517.182
=0.00

Zhejiang Fengmao Technology 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 )
=10.636/1664.309
=0.01

* 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.


Zhejiang Fengmao Technology Co  (SZSE:301459) 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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Zhejiang Fengmao Technology Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 22, Jinfeng Road, Zhejiang, Yuyao, CHN, 315403
Zhejiang Fengmao Technology Co Ltd is engaged in research & development and industrialization of precision rubber parts.

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