Goody Science and Technology Co (SZSE:002694) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Goody Science and 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. Goody Science and Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Goody Science and Technology Co's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.00). It may suggest that Goody Science and Technology Co is progressively becoming less dependent on debt to grow their business.

Goody Science and Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Goody Science and 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.

Goody Science and Technology Co LT-Debt-to-Total-Asset Chart

Goody Science and Technology 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

0.02

Goody Science and Technology 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	0.03	0.03	-	-

Goody Science and Technology Co LT-Debt-to-Total-Asset Calculation

Goody Science and 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 )
	=	0.584	/	1345.023
	=	0.00

Goody Science and 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 )
	=	0.589	/	1351.349
	=	0.00

Goody Science and Technology Co (SZSE:002694) 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.

Goody Science and Technology Co LT-Debt-to-Total-Asset Related Terms

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

Goody Science and Technology Co (SZSE:002694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goody Science and Technology Co Ltd (SZSE:002694) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

No. 18, Wuchu Avenue, Ezhou Economic Development Zone, Hubei Province, Ezhou, CHN, 436000

Website

http://www.goody.com.cn

Goody Science and Technology Co Ltd is engaged in manufacturing plastic pipes. The company offers products including fire hose, drain pipes, water pipes and farm tubes.

Executives

Zhang Zhen Guo	Director
Zhang Wen Fang	Executives
Xu Hui Li	Supervisors
Fu Zhi Min	Directors, executives
Wang Han Hua	Executives
Wang Hong Lin	Directors, executives
Zhao Xia	Supervisors
Lin Chang Hua	Directors, executives
Shen Peng	Directors, executives
Lin Chao Qun	Director
Sun Zhi Jun	Executives

Goody Science and Technology Co (SZSE:002694) Headlines

No Headlines