Kingsemi Co (SHSE:688037) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)

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What is Kingsemi 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. Kingsemi Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.11.

Kingsemi Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.11). It may suggest that Kingsemi Co is progressively becoming more dependent on debt to grow their business.

Kingsemi Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kingsemi 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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Kingsemi Co LT-Debt-to-Total-Asset Chart

Kingsemi Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

Kingsemi 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	0.07	0.11	0.11	0.11

Kingsemi Co LT-Debt-to-Total-Asset Calculation

Kingsemi 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 )
	=	469.115	/	4301.556
	=	0.11

Kingsemi 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 )
	=	469.115	/	4341.686
	=	0.11

Kingsemi Co (SHSE:688037) 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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Kingsemi Co (SHSE:688037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kingsemi Co Ltd (SHSE:688037) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 16 Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168

Website

http://www.kingsemi.com

Kingsemi Co Ltd is engaged in the research and development, production and sales of semiconductor-specific equipment. The company's products include photolithography process coating and developing equipment and single-chip wet process equipment.

Executives

Wang Shao Yong	Core technical personnel
Zhang Huai Dong	Core technical personnel
Cui Xiao Wei	senior management
Gu Yong Tian	senior management
Chen Xing Long	Directors, senior managers, core technical personn
Wang Ming Bo	senior management
Li Feng Li	senior management
Zong Run Fu	Directors, senior managers, core technical personn
Cheng Hu	Senior management, core technical personnel
Zhang Xin Chao	senior management
Sun Dong Feng	Supervisors
Zhao Nai Xia	Core technical personnel
Zhang Jun	Core technical personnel
Zheng You Fei	Core technical personnel
Gu De Jun	Core technical personnel

Kingsemi Co (SHSE:688037) Headlines

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