YanGuFang International Group Co (YanGuFang International Group Co) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2022)

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What is YanGuFang International Group 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. YanGuFang International Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.12.

YanGuFang International Group Co's long-term debt to total assets ratio declined from Dec. 2021 (0.12) to Dec. 2022 (0.12). It may suggest that YanGuFang International Group Co is progressively becoming less dependent on debt to grow their business.

YanGuFang International Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for YanGuFang International Group 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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YanGuFang International Group Co LT-Debt-to-Total-Asset Chart

YanGuFang International Group Co Annual Data

Trend

Jun20

Jun21

Jun22

LT-Debt-to-Total-Asset

0.13

0.11

0.13

YanGuFang International Group Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.11	0.12	0.13	0.12

YanGuFang International Group Co LT-Debt-to-Total-Asset Calculation

YanGuFang International Group Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	8.712	/	65.545
	=	0.13

YanGuFang International Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	8.781	/	72.13
	=	0.12

YanGuFang International Group Co (OTCPK:YGFGF) 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.

YanGuFang International Group Co LT-Debt-to-Total-Asset Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YanGuFang International Group Co Ltd (OTCPK:YGFGF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100

Website

http://www.yangufang.com

YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.