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Chongqing Road & Bridge Co (SHSE:600106) Debt-to-Asset : 0.24 (As of Mar. 2024)


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What is Chongqing Road & Bridge Co Debt-to-Asset?

Chongqing Road & Bridge Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥610.1 Mil. Chongqing Road & Bridge Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,025.6 Mil. Chongqing Road & Bridge Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,721.8 Mil. Chongqing Road & Bridge Co's debt to asset for the quarter that ended in Mar. 2024 was 0.24.


Chongqing Road & Bridge Co Debt-to-Asset Historical Data

The historical data trend for Chongqing Road & Bridge Co's Debt-to-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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Chongqing Road & Bridge Co Debt-to-Asset Chart

Chongqing Road & Bridge Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.35 0.30 0.30 0.24

Chongqing Road & Bridge Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-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 0.28 0.24 0.24 0.24 0.24

Competitive Comparison of Chongqing Road & Bridge Co's Debt-to-Asset

For the Infrastructure Operations subindustry, Chongqing Road & Bridge Co'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.


Chongqing Road & Bridge Co's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chongqing Road & Bridge Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chongqing Road & Bridge Co's Debt-to-Asset falls into.



Chongqing Road & Bridge Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chongqing Road & Bridge Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(610.106 + 1025.55) / 6705.027
=0.24

Chongqing Road & Bridge Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(610.077 + 1025.55) / 6721.815
=0.24

* 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.


Chongqing Road & Bridge Co  (SHSE:600106) 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.


Chongqing Road & Bridge Co Debt-to-Asset Related Terms

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Chongqing Road & Bridge Co (SHSE:600106) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Danlong Road, Economic and Technological Development Zone, Nanping District, Chongqing, CHN, 400060
Chongqing Road & Bridge Co Ltd is engaged in the operation of road and bridge management, as well as engineering construction businesses. It operates, maintains and manages Shibanpo Yangtze River Bridge, Shimen Jialing River Bridge, Jiahua Jialing River Bridge and Changshou Lake Tourism Special Highway. The company is also involved in the construction of bridges, roads, and infrastructures, the development of real estates, as well as the construction of software industrial parks through its subsidiaries.

Chongqing Road & Bridge Co (SHSE:600106) Headlines

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