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Intco Medical Technology Co (SZSE:300677) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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

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


Intco Medical Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Intco Medical 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.

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Intco Medical Technology Co LT-Debt-to-Total-Asset Chart

Intco Medical 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 Premium Member Only Premium Member Only 0.18 0.02 0.01 - -

Intco Medical 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 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 - - - - -

Intco Medical Technology Co LT-Debt-to-Total-Asset Calculation

Intco Medical 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 )
=77.248/27079.441
=0.00

Intco Medical 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 )
=115.787/29453.36
=0.00

* 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.


Intco Medical Technology Co  (SZSE:300677) 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.


Intco Medical Technology Co LT-Debt-to-Total-Asset Related Terms

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Intco Medical Technology Co (SZSE:300677) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Qingtian Road, Qilu Chemical Industrial Park, Shandong Province, Linzi District, Zibo, CHN, 255414
Intco Medical Technology Co Ltd is a manufacturer of medical disposable products and durable medical equipment. The company's main businesses cover the research and development, production and sales of disposable medical gloves, wheelchairs and non-woven fabrics, hot and cold therapy, electrodes and other products.
Executives
Liu Fang Yi Director
Chen Qiong Directors, executives
Feng Jie Executives
Li Bin Directors, executives
Yu Hai Sheng Directors, executives
Li Qing Ming Securities Affairs Representative

Intco Medical Technology Co (SZSE:300677) Headlines

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