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China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Debt-to-Asset : 0.23 (As of Dec. 2023)


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What is China High Speed Transmission Equipment Group Co Debt-to-Asset?

China High Speed Transmission Equipment Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $705 Mil. China High Speed Transmission Equipment Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $624 Mil. China High Speed Transmission Equipment Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $5,840 Mil. China High Speed Transmission Equipment Group Co's debt to asset for the quarter that ended in Dec. 2023 was 0.23.


China High Speed Transmission Equipment Group Co Debt-to-Asset Historical Data

The historical data trend for China High Speed Transmission Equipment 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.

* Premium members only.

China High Speed Transmission Equipment Group Co Debt-to-Asset Chart

China High Speed Transmission Equipment Group 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 0.21 0.09 0.14 0.19 0.23

China High Speed Transmission Equipment Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.14 0.17 0.19 0.22 0.23

Competitive Comparison of China High Speed Transmission Equipment Group Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, China High Speed Transmission Equipment 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.


China High Speed Transmission Equipment Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China High Speed Transmission Equipment Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China High Speed Transmission Equipment Group Co's Debt-to-Asset falls into.



China High Speed Transmission Equipment Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China High Speed Transmission Equipment 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
=(705.389 + 624.347) / 5840.228
=0.23

China High Speed Transmission Equipment Group Co's Debt-to-Asset for the quarter 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
=(705.389 + 624.347) / 5840.228
=0.23

* 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 High Speed Transmission Equipment Group Co  (OTCPK:CHSTY) 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 High Speed Transmission Equipment Group Co Debt-to-Asset Related Terms

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China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Business Description

Traded in Other Exchanges
Address
No. 30, Houjiao Road, Jiangning District, Nanjing, CHN
China High Speed Transmission Equipment Group Co Ltd is a China-based company that is engaged in researching, developing, designing, manufacturing, and distributing a wide range of mechanical transmission equipment. Its business portfolio includes Wind Energy Gearboxes; Rail Vehicle Gearboxes; Industrial Gearbox; and Robot Reducers. The company's segment includes Wind and industrial gear transmission equipment; Rail transportation gear transmission equipment segment; Trading business and Others.

China High Speed Transmission Equipment Group Co (China High Speed Transmission Equipment Group Co) Headlines