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Xinxiang Richful Lube Additive Co (SZSE:300910) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is Xinxiang Richful Lube Additive Co Debt-to-Asset?

Xinxiang Richful Lube Additive Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12 Mil. Xinxiang Richful Lube Additive Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥94 Mil. Xinxiang Richful Lube Additive Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥3,639 Mil. Xinxiang Richful Lube Additive Co's debt to asset for the quarter that ended in Mar. 2024 was 0.03.


Xinxiang Richful Lube Additive Co Debt-to-Asset Historical Data

The historical data trend for Xinxiang Richful Lube Additive 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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Xinxiang Richful Lube Additive Co Debt-to-Asset Chart

Xinxiang Richful Lube Additive Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - - - - 0.03

Xinxiang Richful Lube Additive 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 - 0.01 0.02 0.03 0.03

Competitive Comparison of Xinxiang Richful Lube Additive Co's Debt-to-Asset

For the Specialty Chemicals subindustry, Xinxiang Richful Lube Additive 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.


Xinxiang Richful Lube Additive Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Xinxiang Richful Lube Additive Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xinxiang Richful Lube Additive Co's Debt-to-Asset falls into.



Xinxiang Richful Lube Additive Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xinxiang Richful Lube Additive 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
=(3.65 + 90.583) / 3779.095
=0.02

Xinxiang Richful Lube Additive Co'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.


Xinxiang Richful Lube Additive Co  (SZSE:300910) 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.


Xinxiang Richful Lube Additive Co Debt-to-Asset Related Terms

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Xinxiang Richful Lube Additive Co (SZSE:300910) Business Description

Traded in Other Exchanges
N/A
Address
Dazhaoying Industrial Zone, Henan Province (North of Xinhuo Road), Xinxiang, CHN, 453700
Xinxiang Richful Lube Additive Co Ltd is engaged in the production and sales of fine chemical products. Its product range includes special papermaking chemicals and lubricant additives.

Xinxiang Richful Lube Additive Co (SZSE:300910) Headlines

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