China Post Technology Co (SHSE:688648) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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

What is China Post Technology 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. China Post Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

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

China Post Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for China Post Technology 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.

* Premium members only.

China Post Technology Co LT-Debt-to-Total-Asset Chart

China Post Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.04

0.01

China Post Technology Co Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						-	0.04	0.04	0.01	0.01

China Post Technology Co LT-Debt-to-Total-Asset Calculation

China Post Technology 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 )
	=	14.157	/	2816.402
	=	0.01

China Post Technology 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 )
	=	12.877	/	2605.926
	=	0.00

China Post Technology Co (SHSE:688648) 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 Post Technology Co LT-Debt-to-Total-Asset Related Terms

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

China Post Technology Co (SHSE:688648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Post Technology Co Ltd (SHSE:688648) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3185, Zhongshan North Road, Putuo, Shanghai, CHN, 200062

Website

https://www.cpte.com

China Post Technology Co Ltd is engaged in the Research and development, design, production, and sales of intelligent logistics systems, as well as the transformation, design, and sales of intelligent special vehicles.

China Post Technology Co (SHSE:688648) Headlines

No Headlines