China Education Resources (TSXV:CHN.H) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2021)

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What is China Education Resources 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. China Education Resources's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.00.

China Education Resources's long-term debt to total assets ratio declined from Sep. 2020 (0.01) to Sep. 2021 (0.00). It may suggest that China Education Resources is progressively becoming less dependent on debt to grow their business.

China Education Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Education Resources'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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China Education Resources LT-Debt-to-Total-Asset Chart

China Education Resources Annual Data

Trend

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Dec20

LT-Debt-to-Total-Asset

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0.01

China Education Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	-	-	-

China Education Resources LT-Debt-to-Total-Asset Calculation

China Education Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	0.04	/	9.246
	=	0.00

China Education Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	0.009	/	11.268
	=	0.00

China Education Resources (TSXV:CHN.H) 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.

China Education Resources LT-Debt-to-Total-Asset Related Terms

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China Education Resources (TSXV:CHN.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Resources Inc (TSXV:CHN.H) » Definitions » LT-Debt-to-Total-Asset

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Address

515 West Pender Street, Suite 300, Vancouver, BC, CAN, V6B 6H5

Website

http://www.chinaeducationresources.com

China Education Resources Inc provides an education internet portal with educational content, resources, and training programs to users and distributes educational textbooks and materials developed to bookstores and schools in China. The operations of the company are primarily in two geographic areas: Canada and China. China generates maximum revenue for the company.

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