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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Debt-to-Asset : 0.26 (As of Dec. 2023)


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What is Tingyi (Cayman Islands) Holding Debt-to-Asset?

Tingyi (Cayman Islands) Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,208 Mil. Tingyi (Cayman Islands) Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $760 Mil. Tingyi (Cayman Islands) Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $7,444 Mil. Tingyi (Cayman Islands) Holding's debt to asset for the quarter that ended in Dec. 2023 was 0.26.


Tingyi (Cayman Islands) Holding Debt-to-Asset Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Debt-to-Asset Chart

Tingyi (Cayman Islands) Holding 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 0.22 0.23 0.23 0.31 0.26

Tingyi (Cayman Islands) Holding 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 0.23 0.28 0.31 0.30 0.26

Competitive Comparison of Tingyi (Cayman Islands) Holding's Debt-to-Asset

For the Packaged Foods subindustry, Tingyi (Cayman Islands) Holding'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.


Tingyi (Cayman Islands) Holding's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tingyi (Cayman Islands) Holding's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tingyi (Cayman Islands) Holding's Debt-to-Asset falls into.



Tingyi (Cayman Islands) Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tingyi (Cayman Islands) Holding'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
=(1208.337 + 760.149) / 7443.721
=0.26

Tingyi (Cayman Islands) Holding'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
=(1208.337 + 760.149) / 7443.721
=0.26

* 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.


Tingyi (Cayman Islands) Holding  (OTCPK:TCYMF) 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.


Tingyi (Cayman Islands) Holding Debt-to-Asset Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Address
No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103
Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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