3onedata Co (SHSE:688618) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is 3onedata 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. 3onedata Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

3onedata Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.02). It may suggest that 3onedata Co is progressively becoming more dependent on debt to grow their business.

3onedata Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for 3onedata 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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3onedata Co LT-Debt-to-Total-Asset Chart

3onedata Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

3onedata Co Quarterly Data
	Mar19	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															-	-	-	-	0.02

3onedata Co LT-Debt-to-Total-Asset Calculation

3onedata 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 )
	=	0.846	/	1080.068
	=	0.00

3onedata 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 )
	=	21.591	/	1087.587
	=	0.02

3onedata Co (SHSE:688618) 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.

3onedata Co LT-Debt-to-Total-Asset Related Terms

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3onedata Co (SHSE:688618) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3onedata Co Ltd (SHSE:688618) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Xili Street, Building 3, District 1, Baiwangxin High-tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.3onedata.com.cn

3onedata Co Ltd is engaged in the development, production and sales of industrial internet communication products for the digital, network and intelligent infrastructure needs of the industrial economy.

Executives

Wu Jian	Director
Qian Xiao Tao	Core technical personnel
Yuan Ling	senior management
Yang Jing Li	Core technical personnel
Xiong Wei	Directors, senior managers, core technical personn
Liu Mao Ming	Core technical personnel
Yang Gui Lin	Core technical personnel
Yuan Zi Jun	Directors, senior managers
Xiong Ying Ying	senior management

3onedata Co (SHSE:688618) Headlines

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