Shenzhen Tianyuan Dic Information Technology Co (SZSE:300047) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Shenzhen Tianyuan Dic Information 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. Shenzhen Tianyuan Dic Information Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Shenzhen Tianyuan Dic Information Technology Co's long-term debt to total assets ratio increased from Mar. 2023 (0.01) to Mar. 2024 (0.02). It may suggest that Shenzhen Tianyuan Dic Information Technology Co is progressively becoming more dependent on debt to grow their business.

Shenzhen Tianyuan Dic Information Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shenzhen Tianyuan Dic Information 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.

Shenzhen Tianyuan Dic Information Technology Co LT-Debt-to-Total-Asset Chart

Shenzhen Tianyuan Dic Information 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

0.01

0.02

Shenzhen Tianyuan Dic Information 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															0.01	0.02	0.02	0.02	0.02

Shenzhen Tianyuan Dic Information Technology Co LT-Debt-to-Total-Asset Calculation

Shenzhen Tianyuan Dic Information 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 )
	=	160.326	/	7065.933
	=	0.02

Shenzhen Tianyuan Dic Information 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 )
	=	145.597	/	6951.432
	=	0.02

Shenzhen Tianyuan Dic Information Technology Co (SZSE:300047) 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 Tianyuan Dic Information Technology Co LT-Debt-to-Total-Asset Related Terms

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

Shenzhen Tianyuan Dic Information Technology Co (SZSE:300047) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Tianyuan Dic Information Technology Co Ltd (SZSE:300047) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nanqi Road, 3rd Floor, T3 Building, Shenzhen High-tech Industrial Park, Shenzhen, CHN

Website

http://www.tydic.com

Shenzhen Tianyuan Dic Information Technology Co Ltd is a China-based provider of integrated internet and big data solutions. It is engaged in the development of advanced technologies such as cloud computing, big data, artificial intelligence, and the Internet of Things. The business areas to which the company offers are operators, public security, government, finance, and new energy.

Executives

Xie Li Ta	Executives
Chen Bing	Director
Chen Lu Kang	Directors, executives
Xie Xiao Bin	Director
Chen Xiu Qin	Directors, executives
Luo Zan	Executives
Wang Dong Sheng	Directors, executives
Guan Si Xin	Executives
Lin Rong	Executives
Chen You	Director
Xie Wei	Securities Affairs Representative
Liang Ling Lin	Supervisors
Li Qian Yi	Directors, executives
Zhang Yuan	Supervisors
Zheng Yu	Securities Affairs Representative

Shenzhen Tianyuan Dic Information Technology Co (SZSE:300047) Headlines

No Headlines