Zhejiang Meorient Commerce & Exhibition (SZSE:300795) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Zhejiang Meorient Commerce & Exhibition 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. Zhejiang Meorient Commerce & Exhibition's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Zhejiang Meorient Commerce & Exhibition's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Zhejiang Meorient Commerce & Exhibition is progressively becoming more dependent on debt to grow their business.

Zhejiang Meorient Commerce & Exhibition LT-Debt-to-Total-Asset Historical Data

The historical data trend for Zhejiang Meorient Commerce & Exhibition'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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Zhejiang Meorient Commerce & Exhibition LT-Debt-to-Total-Asset Chart

Zhejiang Meorient Commerce & Exhibition Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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0.01

Zhejiang Meorient Commerce & Exhibition 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

Zhejiang Meorient Commerce & Exhibition LT-Debt-to-Total-Asset Calculation

Zhejiang Meorient Commerce & Exhibition'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 )
	=	2.267	/	868.449
	=	0.00

Zhejiang Meorient Commerce & Exhibition'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 )
	=	6.356	/	909.617
	=	0.01

Zhejiang Meorient Commerce & Exhibition (SZSE:300795) 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.

Zhejiang Meorient Commerce & Exhibition LT-Debt-to-Total-Asset Related Terms

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Zhejiang Meorient Commerce & Exhibition (SZSE:300795) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zhejiang Meorient Commerce & Exhibition Inc (SZSE:300795) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 666, Baiyang Street, Room 912, Building 3, No. 452, Economic and Technological Development Zone, Zhejiang, Hangzhou, CHN, 310018

Website

http://www.meorient.com

Zhejiang Meorient Commerce & Exhibition Inc is a conference and exhibition service provider.

Executives

Pan Jian Jun	Director
Yao Zong Xian	Directors, Directors, and Executives
Fang Huan Sheng	Directors, executives
Liu Feng Yi	Executives
Zhang Min Qing	Supervisors
He Wen Xi	Supervisors
Zheng Wei	Executives
Cheng Yi Jun	Executives

Zhejiang Meorient Commerce & Exhibition (SZSE:300795) Headlines

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