Cambricon Technologies (SHSE:688256) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Cambricon Technologies 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. Cambricon Technologies's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Cambricon Technologies's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.00). It may suggest that Cambricon Technologies is progressively becoming less dependent on debt to grow their business.

Cambricon Technologies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cambricon Technologies'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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Cambricon Technologies LT-Debt-to-Total-Asset Chart

Cambricon Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Cambricon Technologies 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	-	-	-	-

Cambricon Technologies LT-Debt-to-Total-Asset Calculation

Cambricon Technologies'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 )
	=	5.136	/	6418.036
	=	0.00

Cambricon Technologies'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 )
	=	1.25	/	6103.963
	=	0.00

Cambricon Technologies (SHSE:688256) 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.

Cambricon Technologies LT-Debt-to-Total-Asset Related Terms

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Cambricon Technologies (SHSE:688256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cambricon Technologies Corp Ltd (SHSE:688256) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Zhichun Road, 11th, 14th, 16th floors, Block D, Zhizheng Building, Haidian District, Beijing, CHN, 100191

Website

http://www.cambricon.com

Cambricon Technologies Corp Ltd is engaged in design and sales of artificial intelligence core chips in various cloud servers, edge computing equipment, and terminal equipment provide customers with rich chip products and system software solutions.

Executives

Liu Dao Fu	Core technical personnel
Ye Hao Yin	Directors, senior managers
Chen Tian Shi	Directors, senior managers, core technical personn

Cambricon Technologies (SHSE:688256) Headlines

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