GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ShenZhen YUTO Packaging Technology Co Ltd (SZSE:002831) » Definitions » LT-Debt-to-Total-Asset

ShenZhen YUTO Packaging Technology Co (SZSE:002831) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)


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What is ShenZhen YUTO Packaging Technology 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. ShenZhen YUTO Packaging Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

ShenZhen YUTO Packaging Technology Co's long-term debt to total assets ratio increased from Mar. 2023 (0.06) to Mar. 2024 (0.07). It may suggest that ShenZhen YUTO Packaging Technology Co is progressively becoming more dependent on debt to grow their business.

ShenZhen YUTO Packaging Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for ShenZhen YUTO Packaging Technology 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.

* Premium members only.

ShenZhen YUTO Packaging Technology Co LT-Debt-to-Total-Asset Chart

ShenZhen YUTO Packaging Technology 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 0.06 0.07 0.07 0.08 0.05

ShenZhen YUTO Packaging Technology 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 0.06 0.06 0.05 0.05 0.07

ShenZhen YUTO Packaging Technology Co LT-Debt-to-Total-Asset Calculation

ShenZhen YUTO Packaging Technology 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 )
=1015.028/22186.293
=0.05

ShenZhen YUTO Packaging Technology 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 )
=1422.042/21496.66
=0.07

* 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.

ShenZhen YUTO Packaging Technology Co  (SZSE:002831) 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.

ShenZhen YUTO Packaging Technology Co LT-Debt-to-Total-Asset Related Terms

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ShenZhen YUTO Packaging Technology Co (SZSE:002831) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » ShenZhen YUTO Packaging Technology Co Ltd (SZSE:002831) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:600529 SZSE:301559 SZSE:002701 SZSE:002585 SZSE:002243 SZSE:002191 SZSE:002803 SHSE:601515 SHSE:600210 SHSE:601968 BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN
Traded in Other Exchanges
N/A
Address
No.1 Shihuan Road, Shiyan Town, Baoan District, Shenzhen, CHN, 518108
Website
http://www.szyuto.com
ShenZhen YUTO Packaging Technology Co Ltd provides printing and packaging solutions. The company specializes in consumer electronics, health, tobacco, cosmetics, food and other industries. It provides products and solutions, including color boxes, gift boxes, brochures, stickers, cartons, paper holders and intelligent packaging, environmental packaging, functional packaging, while providing creative design, innovative research and development, integrated manufacturing, automation large-scale production, multi-regional operation and the nearest fast delivery and other professional services.
Executives
Li Yu Xuan Secretary Dong
Wang Bin Chu Executives
Deng Qin Supervisors
Wu Lan Lan Directors, executives
Liu Zhong Qing Executives
Zhang En Fang Directors, executives
Wang Hua Jun Directors, executives
Peng Jing Supervisors
Tang Zi Wei Supervisors
Zhu Yong Li Executives

ShenZhen YUTO Packaging Technology Co (SZSE:002831) Headlines

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