Jayud Global Logistics (Jayud Global Logistics) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Jayud Global Logistics 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. Jayud Global Logistics's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.09.

Jayud Global Logistics's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.09). It may suggest that Jayud Global Logistics is progressively becoming less dependent on debt to grow their business.

Jayud Global Logistics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jayud Global Logistics'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.

Jayud Global Logistics LT-Debt-to-Total-Asset Chart

Jayud Global Logistics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.14

0.09

Jayud Global Logistics Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.04	0.10	0.14	0.11	0.09

Jayud Global Logistics LT-Debt-to-Total-Asset Calculation

Jayud Global Logistics'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 )
	=	1.243	/	14.068
	=	0.09

Jayud Global Logistics'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 )
	=	1.243	/	14.068
	=	0.09

Jayud Global Logistics (NAS:JYD) 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.

Jayud Global Logistics LT-Debt-to-Total-Asset Related Terms

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

Jayud Global Logistics (Jayud Global Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jayud Global Logistics Ltd (NAS:JYD) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN

Website

https://www.jayud.com

Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.