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Hebei Fangda New Materials Co (BJSE:838163) Debt-to-Asset : 0.23 (As of Sep. 2024)


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What is Hebei Fangda New Materials Co Debt-to-Asset?

Hebei Fangda New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥18.4 Mil. Hebei Fangda New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥171.0 Mil. Hebei Fangda New Materials Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥831.9 Mil. Hebei Fangda New Materials Co's debt to asset for the quarter that ended in Sep. 2024 was 0.23.


Hebei Fangda New Materials Co Debt-to-Asset Historical Data

The historical data trend for Hebei Fangda New Materials 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.

Hebei Fangda New Materials Co Debt-to-Asset Chart

Hebei Fangda New Materials 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 0.04 0.02 - - 0.21

Hebei Fangda New Materials Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.24 0.21 0.19 0.20 0.23

Competitive Comparison of Hebei Fangda New Materials Co's Debt-to-Asset

For the Packaging & Containers subindustry, Hebei Fangda New Materials 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.


Hebei Fangda New Materials Co's Debt-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hebei Fangda New Materials Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hebei Fangda New Materials Co's Debt-to-Asset falls into.



Hebei Fangda New Materials Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hebei Fangda New Materials 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
=(17.385 + 136.886) / 738.765
=0.21

Hebei Fangda New Materials Co's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(18.425 + 170.974) / 831.909
=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.


Hebei Fangda New Materials Co  (BJSE:838163) 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.


Hebei Fangda New Materials Co Debt-to-Asset Related Terms

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Hebei Fangda New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 405, Yuanshi Street, Yuanshi County, Hebei Province, Shijiazhuang, CHN, 051134
Hebei Fangda New Materials Co Ltd is engaged in the production and sales of logistics express packaging as well as research and development of adhesive materials.

Hebei Fangda New Materials Co Headlines

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