WXT (Wuxin Technology Holdings) LT-Debt-to-Total-Asset: 0.02 (As of Dec. 2021)


What is Wuxin Technology Holdings LT-Debt-to-Total-Asset?

Wuxin Technology Holdings WXT LT-Debt-to-Total-Asset is 0.02 as of Dec. 2021.

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. Wuxin Technology Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.02.

Wuxin Technology Holdings's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2021 (0.02). It may suggest that Wuxin Technology Holdings is progressively becoming more dependent on debt to grow their business.

Wuxin Technology Holdings  (NAS:WXT) 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.

Wuxin Technology Holdings LT-Debt-to-Total-Asset Related Terms

Wuxin Technology Holdings LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Wuxin Technology Holdings'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.

Wuxin Technology Holdings LT-Debt-to-Total-Asset Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
LT-Debt-to-Total-Asset
0.01 0.02

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
LT-Debt-to-Total-Asset 0.01 0.00 0.02 0.02

Wuxin Technology Holdings LT-Debt-to-Total-Asset Calculation

Wuxin Technology Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

LT Debt to Total Assets (A: Jun. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2021 )/Total Assets (A: Jun. 2021 )
=0.525/35.859
=0.01

Wuxin Technology Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )/Total Assets (Q: Dec. 2021 )
=0.765/41.952
=0.02

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
Wuxin Technology Holdings (WXT) has a LT-Debt-to-Total-Asset of 0.02 as of Dec. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' LT-Debt-to-Total-Asset too high?
Wuxin Technology Holdings' current LT-Debt-to-Total-Asset is 0.02.
How does Wuxin Technology Holdings' LT-Debt-to-Total-Asset compare to ?
Wuxin Technology Holdings' LT-Debt-to-Total-Asset of 0.02 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Wuxin Technology Holdings and its competitors. Wuxin Technology Holdings's current LT-Debt-to-Total-Asset is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current LT-Debt-to-Total-Asset of 0.02. The current LT-Debt-to-Total-Asset is 0.02. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current LT-Debt-to-Total-Asset is 0.02 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.