iSoftstone Information Technology (Group) Co (SZSE:301236) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is iSoftstone Information Technology (Group) 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. iSoftstone Information Technology (Group) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

iSoftstone Information Technology (Group) Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.06). It may suggest that iSoftstone Information Technology (Group) Co is progressively becoming more dependent on debt to grow their business.

iSoftstone Information Technology (Group) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for iSoftstone Information Technology (Group) 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.

iSoftstone Information Technology (Group) Co LT-Debt-to-Total-Asset Chart

iSoftstone Information Technology (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.08

0.04

0.01

iSoftstone Information Technology (Group) Co Quarterly Data
	Dec17	Dec18	Dec19	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														0.01	0.01	0.01	0.01	0.06

iSoftstone Information Technology (Group) Co LT-Debt-to-Total-Asset Calculation

iSoftstone Information Technology (Group) 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 )
	=	101.24	/	15617.529
	=	0.01

iSoftstone Information Technology (Group) 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 )
	=	1338.028	/	21144.881
	=	0.06

iSoftstone Information Technology (Group) Co (SZSE:301236) 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.

iSoftstone Information Technology (Group) Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of iSoftstone Information Technology (Group) Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

iSoftstone Information Technology (Group) Co (SZSE:301236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » iSoftstone Information Technology (Group) Co Ltd (SZSE:301236) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Northwest Wangdong Road, Room 502, 5th Floor, Building 16, East District, Haidian District, Beijing, CHN, 100193

Website

https://www.isoftstone.com

iSoftstone Information Technology (Group) Co Ltd is engaged in providing end-to-end software and digital technology services and digital operations services.

iSoftstone Information Technology (Group) Co (SZSE:301236) Headlines

No Headlines