Zhejiang CF Moto Power Co (SHSE:603129) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Zhejiang CF Moto Power 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. Zhejiang CF Moto Power Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Zhejiang CF Moto Power Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Zhejiang CF Moto Power Co is progressively becoming more dependent on debt to grow their business.

Zhejiang CF Moto Power Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang CF Moto Power 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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Zhejiang CF Moto Power Co LT-Debt-to-Total-Asset Chart

Zhejiang CF Moto Power Co Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Zhejiang CF Moto Power 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															-	-	-	0.01	0.01

Zhejiang CF Moto Power Co LT-Debt-to-Total-Asset Calculation

Zhejiang CF Moto Power 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 )
	=	109.119	/	10313.748
	=	0.01

Zhejiang CF Moto Power 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 )
	=	109.641	/	10714.837
	=	0.01

Zhejiang CF Moto Power Co (SHSE:603129) 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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Zhejiang CF Moto Power Co (SHSE:603129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang CF Moto Power Co Ltd (SHSE:603129) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.116, Wuzhou Road, Yuhang Economic Development Zone, Zhejiang Province, Hangzhou, CHN, 311100

Website

http://www.cfmoto.cn

Zhejiang CF Moto Power Co Ltd is the manufacturer in the powersports industry. The company develops, manufactures, markets and delivers the motorcycles, all-terrain vehicles, side-by-side utility vehicles, and powersports engines, parts, gears and accessories.

Executives

Zhou Xiong Xiu	senior management
Chen Zhi Yong	senior management
Ni Shu Xiang	Director
Gao Qing	Directors, senior managers
Chen Ke Liang	senior management
Ma Gang Jie	senior management
Guo Qiang	Director
Yang Guo Chun	senior management
Jin Shun Qing	Supervisors
Yu Lie Ming	Supervisors
Zhu Kun	senior management
Zhu Ming	senior management
Yuan Zhang Ping	senior management
Li Zhi Yong	Supervisors

Zhejiang CF Moto Power Co (SHSE:603129) Headlines

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