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Gansu Huangtai Wine-marketing Industry Co (SZSE:000995) LT-Debt-to-Total-Asset : 0.11 (As of Mar. 2024)


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

Gansu Huangtai Wine-marketing Industry Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.11) to Mar. 2024 (0.11).


Gansu Huangtai Wine-marketing Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gansu Huangtai Wine-marketing Industry 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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Gansu Huangtai Wine-marketing Industry Co LT-Debt-to-Total-Asset Chart

Gansu Huangtai Wine-marketing Industry 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 0.11 0.11 - 0.10 0.10

Gansu Huangtai Wine-marketing Industry 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 0.11 0.10 0.10 0.10 0.11

Gansu Huangtai Wine-marketing Industry Co LT-Debt-to-Total-Asset Calculation

Gansu Huangtai Wine-marketing Industry 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 )
=50/482.944
=0.10

Gansu Huangtai Wine-marketing Industry 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 )
=50/471.825
=0.11

* 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.


Gansu Huangtai Wine-marketing Industry Co  (SZSE:000995) 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.


Gansu Huangtai Wine-marketing Industry Co LT-Debt-to-Total-Asset Related Terms

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Gansu Huangtai Wine-marketing Industry Co (SZSE:000995) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Xinjian Road, Xiguan Street, Liangzhou District, Gansu Province, Wuwei, CHN, 733000
Gansu Huangtai Wine-marketing Industry Co Ltd is an alcoholic beverage manufacturer in China. It is also involved in sugar production within the food industry. Its major products include edible sugar products, crop-brewed liquors, and wines.
Executives
Luan De Li Executives
Xiao Gang Executives
Yin Guang Zhi Director
Kang Ying Hao Director
Xie Wei Hong Director

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