Sichuan Fulin Transportation Group Co (SZSE:002357) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Sichuan Fulin Transportation 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. Sichuan Fulin Transportation Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Sichuan Fulin Transportation Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Mar. 2024 (0.02). It may suggest that Sichuan Fulin Transportation Group Co is progressively becoming more dependent on debt to grow their business.

Sichuan Fulin Transportation Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sichuan Fulin Transportation 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.

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Sichuan Fulin Transportation Group Co LT-Debt-to-Total-Asset Chart

Sichuan Fulin Transportation Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.05

0.02

0.04

0.02

Sichuan Fulin Transportation 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															-	-	-	0.02	0.02

Sichuan Fulin Transportation Group Co LT-Debt-to-Total-Asset Calculation

Sichuan Fulin Transportation 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 )
	=	50.17	/	2843.484
	=	0.02

Sichuan Fulin Transportation 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 )
	=	50.725	/	2833.545
	=	0.02

Sichuan Fulin Transportation Group Co (SZSE:002357) 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.

Sichuan Fulin Transportation Group Co LT-Debt-to-Total-Asset Related Terms

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Sichuan Fulin Transportation Group Co (SZSE:002357) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sichuan Fulin Transportation Group Co Ltd (SZSE:002357) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 239, Guangfu Road, Building 29, Area N, Qingyang District, Chengdu, CHN, 610091

Website

http://www.scflyy.cn

Sichuan Fulin Transportation Group Co Ltd is a China-based company engaged in passenger and freight transport. It also offers related extended services such as passenger and freight transportation services, charter services, a sale of petroleum products, road passenger transportation, and taxi management, urban bus operation, vehicle maintenance, vehicle inspection, driving and training services, and insurance concurrent agency.

Executives

Lu Qi Yong	Director
Tang Shan Lian	Supervisors
Cai Liang Fa	Directors, executives
Ceng Gang	Directors, executives
Wang Zhi	Directors, executives
Liu Jie Fang	Executives
Hou Lian Yu	Director
Chen Shu Guang	Director
Jiang Ming	Directors, executives

Sichuan Fulin Transportation Group Co (SZSE:002357) Headlines

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