Hainan Mining Co (SHSE:601969) Debt-to-Asset : 0.19 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Hainan Mining Co Debt-to-Asset?

Hainan Mining Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,822 Mil. Hainan Mining Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥547 Mil. Hainan Mining Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥12,221 Mil. Hainan Mining Co's debt to asset for the quarter that ended in Mar. 2024 was 0.19.

Hainan Mining Co Debt-to-Asset Historical Data

The historical data trend for Hainan Mining 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.

* Premium members only.

Hainan Mining Co Debt-to-Asset Chart

Hainan Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.19

0.21

0.19

0.17

Hainan Mining 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															0.17	0.19	0.18	0.17	0.19

Competitive Comparison of Hainan Mining Co's Debt-to-Asset

For the Steel subindustry, Hainan Mining 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.

Hainan Mining Co's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hainan Mining Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hainan Mining Co's Debt-to-Asset falls into.

Hainan Mining Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hainan Mining 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
	=	(1570.449	+	557.354)	/	12212.983
	=	0.17

Hainan Mining 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
	=	(1822.346	+	547.21)	/	12221.225
	=	0.19

Hainan Mining Co (SHSE:601969) 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.

Hainan Mining Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Hainan Mining Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hainan Mining Co (SHSE:601969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hainan Mining Co Ltd (SHSE:601969) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Changjiang Li Autonomous County, Hainan Shilu, CHN

Website

http://www.hnmining.com

Hainan Mining Co Ltd is a China-based company engages in the business of iron ore mining. It offers a range of product that is lump ore, fine ore, and iron fine powder to iron and steel companies. It holds an interest in Shilu, a multi-metal and non-metallic mineral deposit located in China.

Hainan Mining Co (SHSE:601969) Headlines

No Headlines