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China Automotive Systems (STU:RYV) Debt-to-Asset : 0.18 (As of Mar. 2024)


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What is China Automotive Systems Debt-to-Asset?

China Automotive Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €126.9 Mil. China Automotive Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. China Automotive Systems's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €709.0 Mil. China Automotive Systems's debt to asset for the quarter that ended in Mar. 2024 was 0.18.


China Automotive Systems Debt-to-Asset Historical Data

The historical data trend for China Automotive Systems'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.

China Automotive Systems Debt-to-Asset Chart

China Automotive Systems 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 0.19 0.18 0.18 0.18 0.19

China Automotive Systems 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 0.20 0.17 0.16 0.19 0.18

Competitive Comparison of China Automotive Systems's Debt-to-Asset

For the Auto Parts subindustry, China Automotive Systems'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.


China Automotive Systems's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Systems's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Automotive Systems's Debt-to-Asset falls into.



China Automotive Systems Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Automotive Systems'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
=(129.512 + 1.167) / 702.825
=0.19

China Automotive Systems's Debt-to-Asset for the quarter that ended in Mar. 2024 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.


China Automotive Systems  (STU:RYV) 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.


China Automotive Systems Debt-to-Asset Related Terms

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


China Automotive Systems (STU:RYV) Business Description

Traded in Other Exchanges
Address
No. 1 Henglong Road, Yu Qiao Development Zone, Shashi District, Hubei Province, Jing Zhou, CHN, 434000
China Automotive Systems Inc is a holding company. The firm through its subsidiary is a supplier of power steering systems and components to China's automotive industry. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. The company offers four separate series, more than 310 models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps, and steering hoses. Geographically, it derives a majority of revenue from China.

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