Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is Asia-Potash International Investment (Guangzhou) 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. Asia-Potash International Investment (Guangzhou) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Asia-Potash International Investment (Guangzhou) Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.08). It may suggest that Asia-Potash International Investment (Guangzhou) Co is progressively becoming more dependent on debt to grow their business.

Asia-Potash International Investment (Guangzhou) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia-Potash International Investment (Guangzhou) 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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Asia-Potash International Investment (Guangzhou) Co LT-Debt-to-Total-Asset Chart

Asia-Potash International Investment (Guangzhou) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

Asia-Potash International Investment (Guangzhou) 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	0.04	0.04	0.08

Asia-Potash International Investment (Guangzhou) Co LT-Debt-to-Total-Asset Calculation

Asia-Potash International Investment (Guangzhou) 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 )
	=	575.552	/	15698.292
	=	0.04

Asia-Potash International Investment (Guangzhou) 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 )
	=	1379.6	/	16420.04
	=	0.08

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) 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.

Asia-Potash International Investment (Guangzhou) Co LT-Debt-to-Total-Asset Related Terms

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Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Asia-Potash International Investment (Guangzhou) Co Ltd (SZSE:000893) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1166 Xin Gang East Road, 19th Floor, South Tower, International Commerce Place, Guangzhou, CHN, 510330

Website

http://www.dongling.cn

Asia-Potash International Investment (Guangzhou) Co Ltd, formerly Donlinks International Investment Co Ltd is primarily involved in the grain trading activities. It trades in corns, sorghums, feeds barleys, DDGs, and others. Further, it is also engaged in the business of overseas dry bulk carriers such as coal and iron ore and provides logistics solution. The business activities are carried out through China.

Executives

Chen Xue Ping	Executives
Yu Long	Executives
Lai Ning Chang	Director
Li Chao Bo	Supervisors
Jiang Yi	Director
Xu Ji Ping	Director
Ma Kai	Directors, executives
Hou Xun Tian	Director
Tian Yan	Directors, executives
Xu Jian Fei	Executives
Shi Ge Yan	Executives
Rao Zhi Long	Directors, executives
Liu Jie	Executives

Asia-Potash International Investment (Guangzhou) Co (SZSE:000893) Headlines

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