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Shaanxi Energy Investment Co (SZSE:001286) Debt-to-Asset : 0.39 (As of Mar. 2024)


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What is Shaanxi Energy Investment Co Debt-to-Asset?

Shaanxi Energy Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,328 Mil. Shaanxi Energy Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥19,814 Mil. Shaanxi Energy Investment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥64,957 Mil. Shaanxi Energy Investment Co's debt to asset for the quarter that ended in Mar. 2024 was 0.39.


Shaanxi Energy Investment Co Debt-to-Asset Historical Data

The historical data trend for Shaanxi Energy Investment 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.

Shaanxi Energy Investment Co Debt-to-Asset Chart

Shaanxi Energy Investment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.42 0.48 0.52 0.49 0.40

Shaanxi Energy Investment Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.49 0.43 0.41 0.40 0.39

Competitive Comparison of Shaanxi Energy Investment Co's Debt-to-Asset

For the Thermal Coal subindustry, Shaanxi Energy Investment 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.


Shaanxi Energy Investment Co's Debt-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shaanxi Energy Investment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shaanxi Energy Investment Co's Debt-to-Asset falls into.



Shaanxi Energy Investment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shaanxi Energy Investment 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
=(5097.161 + 20330.541) / 63040.372
=0.40

Shaanxi Energy Investment 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
=(5328.106 + 19813.777) / 64957.322
=0.39

* 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.


Shaanxi Energy Investment Co  (SZSE:001286) 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.


Shaanxi Energy Investment Co Debt-to-Asset Related Terms

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Shaanxi Energy Investment Co (SZSE:001286) Business Description

Traded in Other Exchanges
N/A
Address
No. 152, Shahe Road, Shenggao Times Office Building, High-tech Industrial Park, Shaanxi Province, Yulin, CHN, 719054
Shaanxi Energy Investment Co Ltd is engaged in the rhermal power generation, coal production and sales.

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