Espressif Systems (Shanghai) Co (SHSE:688018) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

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

Espressif Systems (Shanghai) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Espressif Systems (Shanghai) 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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Espressif Systems (Shanghai) Co LT-Debt-to-Total-Asset Chart

Espressif Systems (Shanghai) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Espressif Systems (Shanghai) 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	0.01	-	0.01

Espressif Systems (Shanghai) Co LT-Debt-to-Total-Asset Calculation

Espressif Systems (Shanghai) 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 )
	=	8.455	/	2203.8
	=	0.00

Espressif Systems (Shanghai) 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 )
	=	9.668	/	2147.991
	=	0.00

Espressif Systems (Shanghai) Co (SHSE:688018) 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.

Espressif Systems (Shanghai) Co LT-Debt-to-Total-Asset Related Terms

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Espressif Systems (Shanghai) Co (SHSE:688018) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Espressif Systems (Shanghai) Co Ltd (SHSE:688018) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 690, Bibo Road, Room 204, Building 2, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

https://www.espressif.com

Espressif Systems (Shanghai) Co Ltd is primarily engaged in development, design and sales of Wi-Fi MCU communication chips and their modules from the internet of things.

Executives

Jiang Jiang Jian	Core technical personnel
Fu Yun Sheng	Core technical personnel
Wang Qiang	Core technical personnel
Wu Jian Gang	Core technical personnel
Wang Dong	Core technical personnel
Wang Jue	senior management
Shao Jing Bo	senior management
Cai Min Jie	Director
	Core technical personnel
	Core technical personnel
	Core technical personnel

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