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WOK (WORK Medical Technology Group) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)


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What is WORK Medical Technology Group 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. WORK Medical Technology Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

WORK Medical Technology Group's long-term debt to total assets ratio declined from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that WORK Medical Technology Group is progressively becoming less dependent on debt to grow their business.

WORK Medical Technology Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for WORK Medical Technology Group'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.

WORK Medical Technology Group LT-Debt-to-Total-Asset Chart

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
LT-Debt-to-Total-Asset
0.01 - - - -

WORK Medical Technology Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - - - - -

WORK Medical Technology Group LT-Debt-to-Total-Asset Calculation

WORK Medical Technology Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )/Total Assets (A: Sep. 2024 )
=0/36.251
=0.00

WORK Medical Technology Group'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 )
=0/36.251
=0.00

* 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.

WORK Medical Technology Group  (NAS:WOK) 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.

WORK Medical Technology Group LT-Debt-to-Total-Asset Related Terms

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WORK Medical Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.workmedtech.com
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.