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YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)


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What is YCQH Agricultural 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. YCQH Agricultural Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

YCQH Agricultural Technology Co's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.03). It may suggest that YCQH Agricultural Technology Co is progressively becoming less dependent on debt to grow their business.


YCQH Agricultural Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for YCQH Agricultural 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.

* Premium members only.

YCQH Agricultural Technology Co LT-Debt-to-Total-Asset Chart

YCQH Agricultural Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.06 - 0.10 -

YCQH Agricultural Technology Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.10 0.05 0.03 - 0.03

YCQH Agricultural Technology Co LT-Debt-to-Total-Asset Calculation

YCQH Agricultural 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 )
=0/0.377
=0.00

YCQH Agricultural Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0.014/0.458
=0.03

* 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.


YCQH Agricultural Technology Co  (OTCPK:YCQH) 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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YCQH Agricultural Technology Co (YCQH Agricultural Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
Ren Min Nan Road No. 45, No. 1104, Wuhou District, Sichuan Province, Chengdu, CHN, 610000
Website
YCQH Agricultural Technology Co Ltd operates in a bio-carbon-based fertilizer trading business, including wholesaling and retailing to customers mainly based in the People's Republic of China, sourcing directly from producers in China. The Company has two reportable segments namely, bio-carbon-based fertilizer trading business and online retailing business.

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