Kingold Jewelry (Kingold Jewelry) Debt-to-Asset : 0.66 (As of Sep. 2019)

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What is Kingold Jewelry Debt-to-Asset?

Kingold Jewelry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $1,494 Mil. Kingold Jewelry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $702 Mil. Kingold Jewelry's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2019 was $3,320 Mil. Kingold Jewelry's debt to asset for the quarter that ended in Sep. 2019 was 0.66.

Kingold Jewelry Debt-to-Asset Historical Data

The historical data trend for Kingold Jewelry'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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Kingold Jewelry Debt-to-Asset Chart

Kingold Jewelry Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Asset

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0.16

0.18

0.86

0.74

Kingold Jewelry Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-Asset	Get a 7-Day Free Trial															0.85	0.74	0.76	0.71	0.66

Competitive Comparison of Kingold Jewelry's Debt-to-Asset

For the Luxury Goods subindustry, Kingold Jewelry'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.

Kingold Jewelry's Debt-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kingold Jewelry's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Kingold Jewelry's Debt-to-Asset falls into.

Kingold Jewelry Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kingold Jewelry's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1107.648	+	888.805)	/	2699.814
	=	0.74

Kingold Jewelry's Debt-to-Asset for the quarter that ended in Sep. 2019 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1494.112	+	702.336)	/	3319.662
	=	0.66

Kingold Jewelry (GREY:KGJI) 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.

Kingold Jewelry Debt-to-Asset Related Terms

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Kingold Jewelry (Kingold Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kingold Jewelry Inc (GREY:KGJI) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Han Huang Road, Jiang'an District, Hubei Province, 15 Huangpu Science & Technology Park, Wuhan, CHN, 430023

Website

http://www.kingoldjewelry.com

Kingold Jewelry Inc designs and manufactures 24-karat gold jewelry and Chinese ornaments. The company along with its subsidiaries develops markets and sells products including gold necklaces, rings, earrings, bracelets, and pendants to the jewelry market in China. The company also sells gold bars and coins and other products through various banks in China. It derives most of its revenues from the sales of 24-karat jewelry and Chinese ornaments and from design and processing fees.

Executives