Shanghai Bailian Group Co (SHSE:600827) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Shanghai Bailian 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. Shanghai Bailian Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Shanghai Bailian Group Co's long-term debt to total assets ratio declined from Mar. 2023 (0.18) to Mar. 2024 (0.17). It may suggest that Shanghai Bailian Group Co is progressively becoming less dependent on debt to grow their business.

Shanghai Bailian Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Bailian 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.

Shanghai Bailian Group Co LT-Debt-to-Total-Asset Chart

Shanghai Bailian Group 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

0.15

0.20

0.19

0.17

Shanghai Bailian 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															0.18	0.18	0.18	0.17	0.17

Shanghai Bailian Group Co LT-Debt-to-Total-Asset Calculation

Shanghai Bailian 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 )
	=	9539.104	/	56266.074
	=	0.17

Shanghai Bailian 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 )
	=	9349.214	/	55474.425
	=	0.17

Shanghai Bailian Group Co (SHSE:600827) 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.

Shanghai Bailian Group Co LT-Debt-to-Total-Asset Related Terms

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

Shanghai Bailian Group Co (SHSE:600827) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Bailian Group Co Ltd (SHSE:600827) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

900923:China

Address

Room 1101, 11 / F, 501 Zhang Yang Road, Pudong New Area, Shanghai, CHN, 200120

Website

http://www.bailian.sh.cn

Shanghai Bailian Group Co Ltd through its subsidiaries, operates department stores, shopping malls, supermarkets, convenience stores, specialty retail stores, and outlets in China. It also offers non-ferrous and ferrous metals, as well as automotive, chemical light, electrical, timber and fuel products. In addition, the company is involved in the e-commerce, logistics, consumer services, electronic information, and other fields.

Executives

Cao Hai Lun

senior management

Shanghai Bailian Group Co (SHSE:600827) Headlines

No Headlines