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Liaoning Chunguang Pharmaceutical Equipment (BJSE:838810) Debt-to-Asset : 0.19 (As of Mar. 2024)


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What is Liaoning Chunguang Pharmaceutical Equipment Debt-to-Asset?

Liaoning Chunguang Pharmaceutical Equipment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥41.0 Mil. Liaoning Chunguang Pharmaceutical Equipment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥47.4 Mil. Liaoning Chunguang Pharmaceutical Equipment's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥474.9 Mil. Liaoning Chunguang Pharmaceutical Equipment's debt to asset for the quarter that ended in Mar. 2024 was 0.19.


Liaoning Chunguang Pharmaceutical Equipment Debt-to-Asset Historical Data

The historical data trend for Liaoning Chunguang Pharmaceutical Equipment'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.

Liaoning Chunguang Pharmaceutical Equipment Debt-to-Asset Chart

Liaoning Chunguang Pharmaceutical Equipment 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 0.33 0.35 0.22 0.11 0.17

Liaoning Chunguang Pharmaceutical Equipment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.10 0.17 0.17 0.17 0.19

Competitive Comparison of Liaoning Chunguang Pharmaceutical Equipment's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Liaoning Chunguang Pharmaceutical Equipment'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.


Liaoning Chunguang Pharmaceutical Equipment's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Liaoning Chunguang Pharmaceutical Equipment's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Liaoning Chunguang Pharmaceutical Equipment's Debt-to-Asset falls into.



Liaoning Chunguang Pharmaceutical Equipment Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Liaoning Chunguang Pharmaceutical Equipment'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
=(28.366 + 47.509) / 458.091
=0.17

Liaoning Chunguang Pharmaceutical Equipment's Debt-to-Asset for the quarter that ended in Mar. 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
=(40.956 + 47.43) / 474.853
=0.19

* 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.


Liaoning Chunguang Pharmaceutical Equipment  (BJSE:838810) 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.


Liaoning Chunguang Pharmaceutical Equipment Debt-to-Asset Related Terms

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Liaoning Chunguang Pharmaceutical Equipment (BJSE:838810) Business Description

Traded in Other Exchanges
N/A
Address
Qilihe Industrial Park, Liaoning Province, Jinzhou, CHN, 121000
Liaoning Chunguang Pharmaceutical Equipment Corp Ltd engages in research, development, production, and sales of food and pharmaceutical packaging equipment. It is a high-end packaging equipment manufacturer specializing in pharmaceuticals, food, and daily chemicals.

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