GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Zoomlion Heavy Industry Science and Technology Co Ltd (OTCPK:ZLIOY) » Definitions » Debt-to-Asset

Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Debt-to-Asset : 0.17 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Zoomlion Heavy Industry Science and Technology Co Debt-to-Asset?

Zoomlion Heavy Industry Science and Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,057 Mil. Zoomlion Heavy Industry Science and Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,136 Mil. Zoomlion Heavy Industry Science and Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $18,328 Mil. Zoomlion Heavy Industry Science and Technology Co's debt to asset for the quarter that ended in Dec. 2023 was 0.17.


Zoomlion Heavy Industry Science and Technology Co Debt-to-Asset Historical Data

The historical data trend for Zoomlion Heavy Industry Science and Technology 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.

Zoomlion Heavy Industry Science and Technology Co Debt-to-Asset Chart

Zoomlion Heavy Industry Science and Technology 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 0.24 0.17 0.16 0.18 0.17

Zoomlion Heavy Industry Science and Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.18 0.18 0.18 0.19 0.17

Competitive Comparison of Zoomlion Heavy Industry Science and Technology Co's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Zoomlion Heavy Industry Science and Technology 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.


Zoomlion Heavy Industry Science and Technology Co's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zoomlion Heavy Industry Science and Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zoomlion Heavy Industry Science and Technology Co's Debt-to-Asset falls into.



Zoomlion Heavy Industry Science and Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zoomlion Heavy Industry Science and Technology 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
=(1056.753 + 2136.091) / 18327.552
=0.17

Zoomlion Heavy Industry Science and Technology 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
=(1056.753 + 2136.091) / 18327.552
=0.17

* 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.


Zoomlion Heavy Industry Science and Technology Co  (OTCPK:ZLIOY) 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.


Zoomlion Heavy Industry Science and Technology Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Zoomlion Heavy Industry Science and Technology Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Zoomlion Heavy Industry Science and Technology Co (Zoomlion Heavy Industry Science and Technology Co) Business Description

Address
No. 361, Yinpen South Road, Hunan Province, Changsha, CHN, 410013
Zoomlion Heavy Industry Science and Technology Co Ltd are mainly engaged in the research, development, manufacturing, and sales of construction machinery, and agricultural machinery. It is engaged in three main operating segments, including (i) research, development, manufacturing, and sale of construction machinery; (ii) research, development, manufacturing, and sale of agricultural machinery; and (iii) finance lease services. The construction machinery segment provides concrete machinery, crane machinery, road construction machinery, pile foundation machinery, work-at-height machinery, fire machinery, mining machinery, forklift truck, and other products. Agricultural machinery industry, including farming machinery, harvesting machinery, drying machinery, and agricultural equipment.