CASIN Real Estate Development Group Co (SZSE:000838) Debt-to-Asset : 0.14 (As of Mar. 2024)

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What is CASIN Real Estate Development Group Co Debt-to-Asset?

CASIN Real Estate Development Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥406 Mil. CASIN Real Estate Development Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥95 Mil. CASIN Real Estate Development Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥3,642 Mil. CASIN Real Estate Development Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.14.

CASIN Real Estate Development Group Co Debt-to-Asset Historical Data

The historical data trend for CASIN Real Estate Development Group 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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CASIN Real Estate Development Group Co Debt-to-Asset Chart

CASIN Real Estate Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.28

0.27

0.10

0.17

CASIN Real Estate Development Group 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															0.13	0.13	0.14	0.17	0.14

Competitive Comparison of CASIN Real Estate Development Group Co's Debt-to-Asset

For the Real Estate - Development subindustry, CASIN Real Estate Development Group 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.

CASIN Real Estate Development Group Co's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CASIN Real Estate Development Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CASIN Real Estate Development Group Co's Debt-to-Asset falls into.

CASIN Real Estate Development Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CASIN Real Estate Development Group 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
	=	(639.81	+	95.247)	/	4241.713
	=	0.17

CASIN Real Estate Development Group 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
	=	(405.714	+	95.247)	/	3641.683
	=	0.14

CASIN Real Estate Development Group Co (SZSE:000838) 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.

CASIN Real Estate Development Group Co Debt-to-Asset Related Terms

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CASIN Real Estate Development Group Co (SZSE:000838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CASIN Real Estate Development Group Co Ltd (SZSE:000838) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Building 1, No. 1, Honghuang Road, 24th Floor, Jiangbei District, Chongqing, CHN, 100025

Website

http://www.casindev.com

CASIN Real Estate Development Group Co Ltd is engaged in the development and operation of residential and commercial properties. The company's main business includes real estate development, commercial operation, tourism and healthcare and others. The types of properties developed by the company include urban complex, Shopping mall, office buildings, villas, residential, tourism real estate, five-star hotels, business apartments, and bungalows, special commercial street and other. Geographically the group covers various business areas which include Chongqing, Beijing, Henan, Shandong, Sichuan and other places.

Executives

Luo Yu Xing	Director
An Hua	Executives
Peng Ling Jiang	Director
Tang Chang Ming	Directors, executives
Bai Zhong Xiao	Directors, executives
Zhu Feng Xian	Director
Ban Wei Xian	Executives

CASIN Real Estate Development Group Co (SZSE:000838) Headlines

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