ZK (ZEEKR Intelligent Technology Holding) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is ZEEKR Intelligent Technology Holding 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. ZEEKR Intelligent Technology Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

ZEEKR Intelligent Technology Holding's long-term debt to total assets ratio declined from Dec. 2023 (0.07) to Dec. 2024 (0.06). It may suggest that ZEEKR Intelligent Technology Holding is progressively becoming less dependent on debt to grow their business.

ZEEKR Intelligent Technology Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZEEKR Intelligent Technology Holding'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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ZEEKR Intelligent Technology Holding LT-Debt-to-Total-Asset Chart

ZEEKR Intelligent Technology Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.09

0.07

0.08

0.07

0.06

ZEEKR Intelligent Technology Holding Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.07	0.06	0.06	0.06	0.06

ZEEKR Intelligent Technology Holding LT-Debt-to-Total-Asset Calculation

ZEEKR Intelligent Technology Holding's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	261.742	/	4487.305
	=	0.06

ZEEKR Intelligent Technology Holding's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	261.742	/	4487.305
	=	0.06

ZEEKR Intelligent Technology Holding (NYSE:ZK) 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.

ZEEKR Intelligent Technology Holding LT-Debt-to-Total-Asset Related Terms

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ZEEKR Intelligent Technology Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZEEKR Intelligent Technology Holding Ltd (NYSE:ZK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yingfeng Street, Room 2301, Building 1, Dadao Wangchao Shangwu Center, Xiaoshan District, Hangzhou, Zhejiang, CHN

Website

https://www.zeekrlife.com

ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.