LB Group Co (SZSE:002601) Debt-to-Asset : 0.35 (As of Mar. 2024)

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What is LB Group Co Debt-to-Asset?

LB Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12,055 Mil. LB Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11,103 Mil. LB Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥66,485 Mil. LB Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.35.

LB Group Co Debt-to-Asset Historical Data

The historical data trend for LB Group Co's Debt-to-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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LB Group Co Debt-to-Asset Chart

LB Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.22

0.26

0.22

0.27

0.34

LB Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.32	0.32	0.32	0.34	0.35

Competitive Comparison of LB Group Co's Debt-to-Asset

For the Specialty Chemicals subindustry, LB Group Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LB Group Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LB Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where LB Group Co's Debt-to-Asset falls into.

LB Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

LB Group Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11179.204	+	10760.591)	/	63817.241
	=	0.34

LB Group Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(12055.172	+	11102.616)	/	66484.788
	=	0.35

LB Group Co (SZSE:002601) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

LB Group Co Debt-to-Asset Related Terms

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LB Group Co (SZSE:002601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LB Group Co Ltd (SZSE:002601) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fengfeng Office, Zhongzhan District, Henan Province, Jiaozuo, CHN, 454191

Website

http://www.lomonbillions.com

LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.

Executives

Yang Min Le	Director
Chang Yi Li	Director
Zhang Hai Tao	Directors, executives
Xu Gang	Director
Chen Jian Li	Executives
Zhang Gang	Supervisors
Shen Qing Fei	Directors, executives
He Ben Liu	Directors, executives
Wu Peng Sen	Executives
Tan Rui Qing	Director
Zhang Qi Bin	Director
Fan Xian Guo	Directors, executives
Zhao Yong Jun	Supervisors
Feng Jun	Supervisors
Jin San Liang	Executives

LB Group Co (SZSE:002601) Headlines

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