Shanghai DZH (SHSE:601519) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Shanghai DZH 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 DZH's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Shanghai DZH's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that Shanghai DZH is progressively becoming less dependent on debt to grow their business.

Shanghai DZH LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai DZH'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 DZH LT-Debt-to-Total-Asset Chart

Shanghai DZH Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.03

0.02

0.01

Shanghai DZH 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															0.02	0.02	0.01	0.01	0.01

Shanghai DZH LT-Debt-to-Total-Asset Calculation

Shanghai DZH'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 )
	=	28.697	/	2300.883
	=	0.01

Shanghai DZH'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 )
	=	24.403	/	2232.051
	=	0.01

Shanghai DZH (SHSE:601519) 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 DZH LT-Debt-to-Total-Asset Related Terms

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

Shanghai DZH (SHSE:601519) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Shanghai DZH Ltd (SHSE:601519) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanggao South Road, Building 1, Number 428, Pudong, Shanghai, CHN, 200127

Website

http://www.gw.com.cn

Shanghai DZH Ltd operates as an Internet financial information service provider in China. It offers professional financial data and data analysis services. It also provides non-investment consulting and agency-specific software products. In addition, the company offers financial information integrated services internationally.

Executives

Shen Rui Bo	Director
Fang Tao	Director
Wang Qin	Director
Chen Zhi	Director
Xu Ke	Director
Wang Mei	Director
Wang Ri Hong	Director
Shen Jian	Supervisors
Shen Yu	Director
Lv Shen Qiang	senior management

Shanghai DZH (SHSE:601519) Headlines

No Headlines