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Cscec Scimee Sci & Tech Co (SZSE:300425) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2024)


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What is Cscec Scimee Sci & Tech 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. Cscec Scimee Sci & Tech Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.06.

Cscec Scimee Sci & Tech Co's long-term debt to total assets ratio declined from Mar. 2023 (0.08) to Mar. 2024 (0.06). It may suggest that Cscec Scimee Sci & Tech Co is progressively becoming less dependent on debt to grow their business.

Cscec Scimee Sci & Tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cscec Scimee Sci & Tech 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.

Cscec Scimee Sci & Tech Co LT-Debt-to-Total-Asset Chart

Cscec Scimee Sci & Tech 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 Premium Member Only Premium Member Only 0.04 0.05 0.06 0.08 0.06

Cscec Scimee Sci & Tech 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.07 0.07 0.06 0.06

Cscec Scimee Sci & Tech Co LT-Debt-to-Total-Asset Calculation

Cscec Scimee Sci & Tech 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 )
=270.555/4428.017
=0.06

Cscec Scimee Sci & Tech 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 )
=248.853/4343.892
=0.06

* 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.

Cscec Scimee Sci & Tech Co  (SZSE:300425) 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.

Cscec Scimee Sci & Tech Co LT-Debt-to-Total-Asset Related Terms

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Cscec Scimee Sci & Tech Co (SZSE:300425) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cscec Scimee Sci & Tech Co Ltd (SZSE:300425) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
SHSE:688671 SZSE:300137 SHSE:603200 SZSE:300272 SHSE:603177 SHSE:688057 SZSE:001230 SHSE:603311 SHSE:603324 SZSE:300172 VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 SHSE:600388 OSTO:MTRS SHSE:603279 ATMU
Traded in Other Exchanges
N/A
Address
3 Wu Xin Yi Lu Road, Wuhou District, Sichuan, Chengdu, CHN, 610045
Website
http://www.scimee.com
Cscec Scimee Sci & Tech Co Ltd, formerly Scimee Sci & Tech Co Ltd provides high-quality water environment services. The company provides full-process services that cover industrial investment and financing, technology research and development, consulting design, equipment manufacturing, construction and operation, and operation management.
Executives
Yang Wei Executives
Lv Zhi Guo Executives
Xiao Zuo Cai Executives
Tang Yi Jun Executives
Luo Yong Supervisors
Huang Jiang Executives
Wen Shi Ping Directors, executives
Wang Zhe Xiao Executives
Dong Li Ping Executives
Tang Zhi Gang Supervisors
Li Shi Fu Director

Cscec Scimee Sci & Tech Co (SZSE:300425) Headlines

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