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Yintai Gold Co (SZSE:000975) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)


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What is Yintai Gold 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. Yintai Gold Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

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


Yintai Gold Co LT-Debt-to-Total-Asset Historical Data

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

Yintai Gold Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.02 - 0.01 0.01

Yintai Gold 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 0.01 0.01 0.01 0.01 0.01

Yintai Gold Co LT-Debt-to-Total-Asset Calculation

Yintai Gold 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 )
=88.127/16298.948
=0.01

Yintai Gold 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 )
=86.645/16431.772
=0.01

* 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.


Yintai Gold Co  (SZSE:000975) 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.


Yintai Gold Co LT-Debt-to-Total-Asset Related Terms

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Yintai Gold Co (SZSE:000975) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jianguomenwai Avenue, Room 5103/5104, Block C, Yintai Center, Chaoyang District, Beijing, CHN, 100022
Yintai Gold Co Ltd is engaged in the exploration, mining, and sales of non-ferrous metals and precious metals.
Executives
Wang Shui Director
Yuan Mei Rong Directors, executives
Xin Xiang Dong Director
Liu Wei Min Supervisors
Yang Hai Fei Director
Yuan Zhi An Executives
Xie Zhen Yu Directors, executives
Feng Dao Xiang Independent director
Zhong Ming Hai Executives
Hu Chun Yuan Director
Wang Yi Biao Supervisors

Yintai Gold Co (SZSE:000975) Headlines

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