Anhui Sentai WPC Group Share Co (SZSE:301429) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Anhui Sentai WPC Group Share 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. Anhui Sentai WPC Group Share Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Anhui Sentai WPC Group Share Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.01). It may suggest that Anhui Sentai WPC Group Share Co is progressively becoming more dependent on debt to grow their business.

Anhui Sentai WPC Group Share Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Anhui Sentai WPC Group Share 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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Anhui Sentai WPC Group Share Co LT-Debt-to-Total-Asset Chart

Anhui Sentai WPC Group Share Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Anhui Sentai WPC Group Share Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												-	-	-	0.01	0.01

Anhui Sentai WPC Group Share Co LT-Debt-to-Total-Asset Calculation

Anhui Sentai WPC Group Share 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 )
	=	14.417	/	1510.449
	=	0.01

Anhui Sentai WPC Group Share 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 )
	=	14.247	/	1596.652
	=	0.01

Anhui Sentai WPC Group Share Co (SZSE:301429) 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.

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Anhui Sentai WPC Group Share Co (SZSE:301429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Anhui Sentai WPC Group Share Co Ltd (SZSE:301429) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Guohua Road, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200

Website

http://www.sentaiwpc.com

Anhui Sentai WPC Group Share Co Ltd is focused on the research and development and promotion of wood-plastic composite materials and their products. The company's products are mainly used in wood substitution, whole house assembly, prefabricated buildings, automotive interiors and other fields.

Anhui Sentai WPC Group Share Co (SZSE:301429) Headlines

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