Fujian Start Group Co (SHSE:600734) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Fujian Start 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. Fujian Start Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Fujian Start Group Co's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.01). It may suggest that Fujian Start Group Co is progressively becoming less dependent on debt to grow their business.

Fujian Start Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fujian Start 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.

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Fujian Start Group Co LT-Debt-to-Total-Asset Chart

Fujian Start Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

Fujian Start Group 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															0.03	0.02	0.03	0.01	0.01

Fujian Start Group Co LT-Debt-to-Total-Asset Calculation

Fujian Start 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 )
	=	7.496	/	845.12
	=	0.01

Fujian Start 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 )
	=	4.898	/	780.287
	=	0.01

Fujian Start Group Co (SHSE:600734) 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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Fujian Start Group Co (SHSE:600734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fujian Start Group Co Ltd (SHSE:600734) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 67 Hongshanyuan Road, Gulou District, Fuzhou, CHN, 350002

Website

http://www.start.com.cn

Fujian Start Group Co Ltd is a China based company engaged in the business of offering security services, logistics services, data services, community services like providing PTZ network camera, and terminal products. The terminal products includes payment terminal and mobile intelligent service robot. It comprises Image enhancement technology, Composite detection and tracking technology, and the Internet of Things integrated control and control platform.

Executives

Fan Shui Zhao	Supervisors
Li Chun Yu	Director
Zhu Guo Liang	senior management

Fujian Start Group Co (SHSE:600734) Headlines

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