China Nonferrous Mining (HKSE:01258) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is China Nonferrous Mining 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. China Nonferrous Mining's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

China Nonferrous Mining's long-term debt to total assets ratio declined from Dec. 2022 (0.09) to Dec. 2023 (0.00). It may suggest that China Nonferrous Mining is progressively becoming less dependent on debt to grow their business.

China Nonferrous Mining LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Nonferrous Mining'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.

China Nonferrous Mining LT-Debt-to-Total-Asset Chart

China Nonferrous Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.14

0.21

0.09

China Nonferrous Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.19	0.09	0.06	-

China Nonferrous Mining LT-Debt-to-Total-Asset Calculation

China Nonferrous Mining'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 )
	=	0	/	29829.633
	=	0.00

China Nonferrous Mining's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	29829.633
	=	0.00

China Nonferrous Mining (HKSE:01258) 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.

China Nonferrous Mining LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of China Nonferrous Mining's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

China Nonferrous Mining (HKSE:01258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Nonferrous Mining Corp Ltd (HKSE:01258) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3N4:Germany

Address

32 Enos Chomba Road, Kitwe, ZMB

Website

https://www.cnmcl.net

China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.

Executives

Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si	2101 Beneficial owner

China Nonferrous Mining (HKSE:01258) Headlines

No Headlines