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Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)


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What is Anji Microelectronics Technology (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. Anji Microelectronics Technology (Shanghai) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

Anji Microelectronics Technology (Shanghai) Co's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.07). It may suggest that Anji Microelectronics Technology (Shanghai) Co is progressively becoming more dependent on debt to grow their business.

Anji Microelectronics Technology (Shanghai) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anji Microelectronics Technology (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.

* Premium members only.

Anji Microelectronics Technology (Shanghai) Co LT-Debt-to-Total-Asset Chart

Anji Microelectronics Technology (Shanghai) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial - 0.02 0.07 0.06 0.07

Anji Microelectronics Technology (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 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 0.05 0.05 0.06 0.07 0.07

Anji Microelectronics Technology (Shanghai) Co LT-Debt-to-Total-Asset Calculation

Anji Microelectronics Technology (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 )
=177.442/2603.401
=0.07

Anji Microelectronics Technology (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 )
=176.795/2725.913
=0.06

* 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.

Anji Microelectronics Technology (Shanghai) Co  (SHSE:688019) 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.

Anji Microelectronics Technology (Shanghai) Co LT-Debt-to-Total-Asset Related Terms

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Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Anji Microelectronics Technology (Shanghai) Co Ltd (SHSE:688019) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:688432 SHSE:688037 SZSE:300666 SHSE:688516 SHSE:688536 SHSE:688352 SHSE:600667 SZSE:300623 SZSE:300604 SHSE:605111 XAMS:ASML AMAT LRCX KLAC TSE:8035 SHSE:601012 XAMS:ASM TSE:6146 TSE:6857 SZSE:002371
Traded in Other Exchanges
N/A
Address
No. 5001 Huadong Road, Bottom floor of T6-9 Building, Jinqiao Export Processing Zone (South District), Pudong New Area, Shanghai, CHN, 201201
Website
http://www.anjimicro.com
Anji Microelectronics Technology (Shanghai) Co Ltd is primarily involved in the research and development and industrialization of key semiconductor materials.
Executives
Directors, senior managers
Core technical personnel
Peng Hong Xiu Core technical personnel
Yang Xun senior management
Jing Jian Fen Core technical personnel
Wang Xu Cheng Core technical personnel
Senior management, core technical personnel

Anji Microelectronics Technology (Shanghai) Co (SHSE:688019) Headlines

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