Eternal Asia Supply Chain Management (SZSE:002183) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)

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What is Eternal Asia Supply Chain Management 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. Eternal Asia Supply Chain Management's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Eternal Asia Supply Chain Management's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.06). It may suggest that Eternal Asia Supply Chain Management is progressively becoming more dependent on debt to grow their business.

Eternal Asia Supply Chain Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eternal Asia Supply Chain Management'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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Eternal Asia Supply Chain Management LT-Debt-to-Total-Asset Chart

Eternal Asia Supply Chain Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.12

0.06

0.04

Eternal Asia Supply Chain Management 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															0.04	0.03	0.04	0.04	0.06

Eternal Asia Supply Chain Management LT-Debt-to-Total-Asset Calculation

Eternal Asia Supply Chain Management'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 )
	=	2267.698	/	54209.592
	=	0.04

Eternal Asia Supply Chain Management'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 )
	=	2874.72	/	51373.5
	=	0.06

Eternal Asia Supply Chain Management (SZSE:002183) 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.

Eternal Asia Supply Chain Management LT-Debt-to-Total-Asset Related Terms

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Eternal Asia Supply Chain Management (SZSE:002183) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Eternal Asia Supply Chain Management Ltd (SZSE:002183) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3039 Shennan Middle Road, International Cultural Building, 27th Floor, Futian District, Shenzhen, CHN, 518033

Website

http://www.eascs.com

Eternal Asia Supply Chain Management Ltd provides supply chain management services. It business areas cover sectors such as FMCG, IT, communications, and medical care.

Executives

Feng Wei	Executives
Zhang Xiang	Independent director
Zhang Shao Zhong	Supervisors
Liang Xin	Executives
Zhou Guo Hui	Directors, executives
Xia Bin	Directors, executives
Chang Xiao Yan	Securities Affairs Representative
Ceng Fan Li	Executives
Huang Wei Qun	Supervisors
Li Qian Yi	Executives
Chen Wei Min	Directors, executives

Eternal Asia Supply Chain Management (SZSE:002183) Headlines

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