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Chinese Universe Publishing And Media Co (SHSE:600373) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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What is Chinese Universe Publishing And Media 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. Chinese Universe Publishing And Media Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Chinese Universe Publishing And Media Co's long-term debt to total assets ratio declined from Mar. 2023 (0.06) to Mar. 2024 (0.00). It may suggest that Chinese Universe Publishing And Media Co is progressively becoming less dependent on debt to grow their business.


Chinese Universe Publishing And Media Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chinese Universe Publishing And Media 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.

Chinese Universe Publishing And Media Co LT-Debt-to-Total-Asset Chart

Chinese Universe Publishing And Media Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.06 0.01 0.07 0.04

Chinese Universe Publishing And Media 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.04 0.04 -

Chinese Universe Publishing And Media Co LT-Debt-to-Total-Asset Calculation

Chinese Universe Publishing And Media 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 )
=1112.689/29289.691
=0.04

Chinese Universe Publishing And Media 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 )
=106.14/32852.962
=0.00

* 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.


Chinese Universe Publishing And Media Co  (SHSE:600373) 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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Chinese Universe Publishing And Media Co (SHSE:600373) Business Description

Traded in Other Exchanges
N/A
Address
No.2, Nanhuan Road, Jiangxi District, Shang Rao, CHN
Chinese Universe Publishing And Media Co Ltd are engaged in the publishing, printing, and distribution of materials, newspapers, periodicals, and audiovisual publications in China. A company extends is business in new media and online education, Internet games, digital publishing, Internet of Things technology applications, international copyright transactions.
Executives
Wan Ren Rong senior management
Wu Di Director
Xu Jian Guo senior management
Zhu Fa Yuan Director
Xu Jing Quan Supervisors
Zhao Dong Liang Director
Ceng Shao Xiong Director
Guan Xiao Qun Director
Zhang Qi Hong Director
Fu Wei Zhong Director
Tu Hua senior management
Zhang Qiu Lin senior management
Zhou Wen Director

Chinese Universe Publishing And Media Co (SHSE:600373) Headlines

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