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Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


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What is Shanghai Emperor Of Cleaning Hi-Tech 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 Emperor Of Cleaning Hi-Tech Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

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

Shanghai Emperor Of Cleaning Hi-Tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shanghai Emperor Of Cleaning Hi-Tech 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 Emperor Of Cleaning Hi-Tech Co LT-Debt-to-Total-Asset Chart

Shanghai Emperor Of Cleaning Hi-Tech 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 - 0.01 0.01 0.02 0.01

Shanghai Emperor Of Cleaning Hi-Tech 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 0.02 0.02 0.02 0.01 0.01

Shanghai Emperor Of Cleaning Hi-Tech Co LT-Debt-to-Total-Asset Calculation

Shanghai Emperor Of Cleaning Hi-Tech 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 )
=10.705/1470.571
=0.01

Shanghai Emperor Of Cleaning Hi-Tech 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 )
=11.556/1484.796
=0.01

* 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.

Shanghai Emperor Of Cleaning Hi-Tech Co  (SHSE:603200) 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 Emperor Of Cleaning Hi-Tech Co LT-Debt-to-Total-Asset Related Terms

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Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Emperor Of Cleaning Hi-Tech Co Ltd (SHSE:603200) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SZSE:300137 SHSE:688671 SZSE:300425 SZSE:300272 SHSE:603177 SZSE:001230 SHSE:603311 SZSE:000820 SHSE:688057 SHSE:688069 VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 SHSE:600388 OSTO:MTRS SHSE:603279 ATMU
Traded in Other Exchanges
N/A
Address
No. 138, Bo Xue Road, Building 6, Jiading District, Shanghai, CHN, 200437
Website
http://www.china-xiba.com
Shanghai Emperor Of Cleaning Hi-Tech Co Ltd is a overall solution service provider for water treatment technology, mainly based on chemical water treatment technology. Its water treatment business includes sales and service of water treatment chemicals, operation management of water treatment systems, sales and installation of dosing equipment, and water handling system integration.
Executives
Wang Wei Directors, senior managers
Liao Yun Feng senior management
Zou Shuai Wen Directors, senior managers
Wang Shan Jiong senior management
Yin Xiao Mei Directors, senior managers
Xiao Bing Yan senior management
Gu Xin senior management
Gao Qi senior management
Chen Dong Supervisors
Ji Qing Xia senior management
Dai Fan Supervisors
Wu Lei Supervisors
Bao Song Lin Director
Li Cai Feng senior management
Shen Guo Ping Supervisors

Shanghai Emperor Of Cleaning Hi-Tech Co (SHSE:603200) Headlines

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