Anbangve-Guard Group Co (SHSE:603373) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Anbangve-Guard 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. Anbangve-Guard Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

Anbangve-Guard Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.03). It may suggest that Anbangve-Guard Group Co is progressively becoming more dependent on debt to grow their business.

Anbangve-Guard Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anbangve-Guard 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.

Anbangve-Guard Group Co LT-Debt-to-Total-Asset Chart

Anbangve-Guard Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.06

0.04

0.03

Anbangve-Guard Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									-	0.03	0.03	0.03	0.03

Anbangve-Guard Group Co LT-Debt-to-Total-Asset Calculation

Anbangve-Guard 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 )
	=	108.016	/	3342.152
	=	0.03

Anbangve-Guard 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 )
	=	91.563	/	3331.07
	=	0.03

Anbangve-Guard Group Co (SHSE:603373) 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.

Anbangve-Guard Group Co LT-Debt-to-Total-Asset Related Terms

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

Anbangve-Guard Group Co (SHSE:603373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Anbang Save-Guard Group Co Ltd (SHSE:603373) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Fenghua Road, Zhuantang Street, Floor E8, Zhijiang Fortune Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310024

Website

http://www.zjabhw.com

Anbang Save-Guard Group Co Ltd is engaged in providing financial security services, comprehensive security services and security emergency services.

Anbangve-Guard Group Co (SHSE:603373) Headlines

No Headlines