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North Huajin Chemical Industries Co (SZSE:000059) Debt-to-Asset : 0.40 (As of Mar. 2024)


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What is North Huajin Chemical Industries Co Debt-to-Asset?

North Huajin Chemical Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,040 Mil. North Huajin Chemical Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10,131 Mil. North Huajin Chemical Industries Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥27,958 Mil. North Huajin Chemical Industries Co's debt to asset for the quarter that ended in Mar. 2024 was 0.40.


North Huajin Chemical Industries Co Debt-to-Asset Historical Data

The historical data trend for North Huajin Chemical Industries 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.

North Huajin Chemical Industries Co Debt-to-Asset Chart

North Huajin Chemical Industries 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 0.43 0.41 0.35 0.36 0.35

North Huajin Chemical Industries 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 0.39 0.37 0.39 0.35 0.40

Competitive Comparison of North Huajin Chemical Industries Co's Debt-to-Asset

For the Chemicals subindustry, North Huajin Chemical Industries 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.


North Huajin Chemical Industries Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, North Huajin Chemical Industries Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where North Huajin Chemical Industries Co's Debt-to-Asset falls into.



North Huajin Chemical Industries Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

North Huajin Chemical Industries 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
=(1356.889 + 9840.055) / 31888.626
=0.35

North Huajin Chemical Industries 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
=(1039.785 + 10130.919) / 27957.78
=0.40

* 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.


North Huajin Chemical Industries Co  (SZSE:000059) 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.


North Huajin Chemical Industries Co Debt-to-Asset Related Terms

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North Huajin Chemical Industries Co (SZSE:000059) Business Description

Traded in Other Exchanges
N/A
Address
Hongqi Street, Shuangtaizi District, Liaoning, Panjin, CHN, 124021
North Huajin Chemical Industries Co Ltd is a China-based company engages in the manufacture and sale of petrochemical products and chemical fertilizers. Its products include synthetic resins; organic chemical raw materials; refined oils; and plastic products. Its other products include crude oil, diesel oil, polyolefin products and aromatic products. The company distributes its products mainly in the domestic market.
Executives
Dong Cheng Gong Director
Jin Xiao Chen Executives
Liu Yong Ze Director

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