BMC Medical Co (SZSE:301367) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is BMC Medical 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. BMC Medical Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

BMC Medical Co's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.01). It may suggest that BMC Medical Co is progressively becoming less dependent on debt to grow their business.

BMC Medical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for BMC Medical 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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BMC Medical Co LT-Debt-to-Total-Asset Chart

BMC Medical Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

BMC Medical Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	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	0.01	0.01	0.01	0.01

BMC Medical Co LT-Debt-to-Total-Asset Calculation

BMC Medical 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 )
	=	16.399	/	2918.545
	=	0.01

BMC Medical 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 )
	=	13.652	/	2982.238
	=	0.00

BMC Medical Co (SZSE:301367) 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.

BMC Medical Co LT-Debt-to-Total-Asset Related Terms

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BMC Medical Co (SZSE:301367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BMC Medical Co Ltd (SZSE:301367) » Definitions » LT-Debt-to-Total-Asset

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Address

No. 115, Fucheng Road, Haidian District, No. 110, Block A, Fengyu Office Building, Beijing, CHN, 100041

Website

https://www.bmc-medical.com

BMC Medical Co Ltd is engaged in the manufacturing of medical equipment and consumables in the field of respiratory health.

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