Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) LT-Debt-to-Total-Asset : 0.32 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Shenzhen New Nanshan Holding (Group) 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. Shenzhen New Nanshan Holding (Group) Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.32.

Shenzhen New Nanshan Holding (Group) Co's long-term debt to total assets ratio increased from Mar. 2023 (0.28) to Mar. 2024 (0.32). It may suggest that Shenzhen New Nanshan Holding (Group) Co is progressively becoming more dependent on debt to grow their business.

Shenzhen New Nanshan Holding (Group) Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen New Nanshan Holding (Group) 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.

Shenzhen New Nanshan Holding (Group) Co LT-Debt-to-Total-Asset Chart

Shenzhen New Nanshan Holding (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.19

0.28

0.23

0.25

0.27

Shenzhen New Nanshan Holding (Group) 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															0.28	0.34	0.30	0.27	0.32

Shenzhen New Nanshan Holding (Group) Co LT-Debt-to-Total-Asset Calculation

Shenzhen New Nanshan Holding (Group) 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 )
	=	19953.49	/	72808.1
	=	0.27

Shenzhen New Nanshan Holding (Group) 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 )
	=	22791.657	/	71769.943
	=	0.32

Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) 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.

Shenzhen New Nanshan Holding (Group) Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Shenzhen New Nanshan Holding (Group) Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen New Nanshan Holding (Group) Co Ltd (SZSE:002314) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Floor, South 12th Road, JiuZhou Electric Appliance Building, Science and Technology Park, NanShan District, ShenZhen, CHN

Website

http://www.xnskg.cn

Shenzhen New Nanshan Holding (Group) Co Ltd is engaged in the integrated building business, the company is committed to the development and operation of new integrated buildings. It has seven series of products, such as modular space, packing boxes, movable board houses, special containers and elegant accessories.

Executives

Zhang Fu Sheng	Independent director
Tian Jun Yan	Director
Jiang Jun Ya	Directors, executives
Guo Qing	Directors, executives
Hu Yong Tao	Supervisors
Zhu Tao	Executives
Wang Shi Yun	Director
Ma Zhi Hong	Executives
Chen Lei	Directors, executives
Zhang Jian Guo	Director
Shen Qi Meng	Directors, executives
Shang Yue Xiang	Supervisors
Guo Yu	Supervisors
Yuan Zhao Yun	Directors, executives
Zhang Li	Securities Affairs Representative

Shenzhen New Nanshan Holding (Group) Co (SZSE:002314) Headlines

No Headlines