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Universal Solar Technology (Universal Solar Technology) LT-Debt-to-Total-Asset : 2.38 (As of Jun. 2020)


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What is Universal Solar Technology 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. Universal Solar Technology's long-term debt to total assests ratio for the quarter that ended in Jun. 2020 was 2.38.

Universal Solar Technology's long-term debt to total assets ratio increased from Sep. 2014 (0.00) to Jun. 2020 (2.38). It may suggest that Universal Solar Technology is progressively becoming more dependent on debt to grow their business.

Universal Solar Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Universal Solar Technology'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.

Universal Solar Technology LT-Debt-to-Total-Asset Chart

Universal Solar Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.39

Universal Solar Technology Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec18 Dec19 Mar20 Jun20 Dec20
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 - - 1.90 2.38 4.39

Universal Solar Technology LT-Debt-to-Total-Asset Calculation

Universal Solar Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=0.294/0.067
=

Universal Solar Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (Q: Jun. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2020 )/Total Assets (Q: Jun. 2020 )
=0.019/0.008
=

* 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.

Universal Solar Technology  (OTCPK:UNSS) 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.

Universal Solar Technology LT-Debt-to-Total-Asset Related Terms

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Universal Solar Technology (Universal Solar Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Universal Solar Technology Inc (OTCPK:UNSS) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
350 North Sam Houston Parkway East, Suite 102, Houston, TX, USA, 77060
Website
https://www.universalsolartechnology.com
Universal Solar Technology Inc is currently pursuing opportunities in renewable energy, specifically solar and wind. The company also plans the installation of a closed loop waste to energy technology with a global consequential impact.