Yunnan Aluminium Co (SZSE:000807) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Yunnan Aluminium 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. Yunnan Aluminium Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Yunnan Aluminium Co's long-term debt to total assets ratio declined from Mar. 2023 (0.10) to Mar. 2024 (0.09). It may suggest that Yunnan Aluminium Co is progressively becoming less dependent on debt to grow their business.

Yunnan Aluminium Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yunnan Aluminium 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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Yunnan Aluminium Co LT-Debt-to-Total-Asset Chart

Yunnan Aluminium Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.23

0.18

0.11

0.10

Yunnan Aluminium Co 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															0.10	0.11	0.10	0.10	0.09

Yunnan Aluminium Co LT-Debt-to-Total-Asset Calculation

Yunnan Aluminium 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 )
	=	3776.466	/	39309.706
	=	0.10

Yunnan Aluminium 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 )
	=	3776.227	/	40011.947
	=	0.09

Yunnan Aluminium Co (SZSE:000807) 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.

Yunnan Aluminium Co LT-Debt-to-Total-Asset Related Terms

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Yunnan Aluminium Co (SZSE:000807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yunnan Aluminium Co Ltd (SZSE:000807) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Zhoucheng Street, Yunnan, Yangzonghai, Kunming, CHN, 650502

Website

http://www.ylgf.com

Yunnan Aluminium Co Ltd is the practitioners of the development of green low-carbon hydropower aluminum in China. Companies business unit contains Aluminium foil, Aluminium strip, Electrician round aluminum rod, Cast aluminum alloy, Aluminium Ingot, Carbon for aluminum, alumina, Logistic hub and Equipment manufacturing base.

Executives

Luo Ling Zhi	Supervisors
Zhang Zheng Ji	Directors, executives
Ding Ji Lin	Directors, executives
Yang Ye Wei	Executives
Ning Ping	Independent director
Yao Bin	Supervisors
Zhang Chun Sheng	Directors, executives
Hao Hong Jie	Director
Yin Chun Hong	Executives
He Yue Gui	Executives
Jiao Yun	Directors, executives
Wang Lin	Supervisors
Ma Yun Biao	Executives
Hua Yi Xin	Independent director
Hu Lie Qu	Independent director

Yunnan Aluminium Co (SZSE:000807) Headlines

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