Winning Health Technology Group Co (SZSE:300253) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

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What is Winning Health Technology 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. Winning Health Technology Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Winning Health Technology Group Co's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.12). It may suggest that Winning Health Technology Group Co is progressively becoming less dependent on debt to grow their business.

Winning Health Technology Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Winning Health Technology 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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Winning Health Technology Group Co LT-Debt-to-Total-Asset Chart

Winning Health Technology Group Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.13

0.12

Winning Health Technology 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															0.13	0.13	0.13	0.12	0.12

Winning Health Technology Group Co LT-Debt-to-Total-Asset Calculation

Winning Health Technology 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 )
	=	1019.453	/	8548.946
	=	0.12

Winning Health Technology 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 )
	=	1022.393	/	8477.558
	=	0.12

Winning Health Technology Group Co (SZSE:300253) 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.

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Winning Health Technology Group Co (SZSE:300253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Winning Health Technology Group Co Ltd (SZSE:300253) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436

Website

http://www.winning.com.cn

Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.

Executives

Wang Li	Executives
Jin Mao	Directors, executives, directors
Sun Jia Ming	Executives
Zhou Wei	Director
Liu Ning	Director
Xu Zi Tong	Securities Affairs Representative
Xu Chun Hua	Executives
Huang Ke Hua	Supervisors
Li Lin	Supervisors
Sun Kai	Directors, executives
Zhang Shi Ying	Supervisors

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