Asia Cement (China) Holdings (HKSE:00743) Debt-to-Asset : 0.09 (As of Dec. 2023)

Asia Cement (China) Holdings Debt-to-Asset Chart

Asia Cement (China) Holdings Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Asset		Get a 7-Day Free Trial					0.26	0.14	0.07	0.12	0.09

Asia Cement (China) Holdings Quarterly Data
	Jun16	Sep16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.09	0.09	0.09	-

Competitive Comparison of Asia Cement (China) Holdings's Debt-to-Asset

For the Building Materials subindustry, Asia Cement (China) Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Asia Cement (China) Holdings's Debt-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement (China) Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Asia Cement (China) Holdings's Debt-to-Asset falls into.

Asia Cement (China) Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Asia Cement (China) Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Asia Cement (China) Holdings's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Asia Cement (China) Holdings  (HKSE:00743) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Asia Cement (China) Holdings Debt-to-Asset Related Terms

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Asia Cement (China) Holdings (HKSE:00743) Business Description