Guangzhou Sie Consulting Co (SZSE:300687) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Guangzhou Sie Consulting 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. Guangzhou Sie Consulting Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Guangzhou Sie Consulting Co's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.08). It may suggest that Guangzhou Sie Consulting Co is progressively becoming more dependent on debt to grow their business.

Guangzhou Sie Consulting Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Guangzhou Sie Consulting 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.

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Guangzhou Sie Consulting Co LT-Debt-to-Total-Asset Chart

Guangzhou Sie Consulting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.19

0.05

0.06

0.05

Guangzhou Sie Consulting Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															0.06	0.07	0.06	0.05	0.08

Guangzhou Sie Consulting Co LT-Debt-to-Total-Asset Calculation

Guangzhou Sie Consulting 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 )
	=	195.51	/	3747.084
	=	0.05

Guangzhou Sie Consulting 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 )
	=	304.663	/	3700.3
	=	0.08

Guangzhou Sie Consulting Co (SZSE:300687) 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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Guangzhou Sie Consulting Co (SZSE:300687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guangzhou Sie Consulting Co Ltd (SZSE:300687) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Zhujiang East Road, Unit 1603-1605, 16th Floor, Tianhe District, Guangdong Province, Guangzhou, CHN, 510623

Website

http://www.chinasie.com

Guangzhou Sie Consulting Co Ltd is an information technology consulting company in China. The areas of its services are autonomous technology platform which includes manufacturing execution system, omnichannel marketing e-commerce platform; Oracle system implementation including Oracle cloud products; IT management consulting for strategic design and business process optimization.

Executives

Liu Zi Heng	Directors, executives
Liu Wei Chao	Directors, executives
Ou Yang Xiang Ying	Executives
Zhang Cheng Kang	Directors, executives
Liu Guo Hua	Directors, executives
Guo Li Shan	Supervisors
Wang Hui Fen	Independent director

Guangzhou Sie Consulting Co (SZSE:300687) Headlines

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