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Chinatesta Textile Testing and Certification Services Co (BJSE:873122) Debt-to-Asset : 0.09 (As of Mar. 2024)


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What is Chinatesta Textile Testing and Certification Services Co Debt-to-Asset?

Chinatesta Textile Testing and Certification Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥12.4 Mil. Chinatesta Textile Testing and Certification Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥23.7 Mil. Chinatesta Textile Testing and Certification Services Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥420.3 Mil. Chinatesta Textile Testing and Certification Services Co's debt to asset for the quarter that ended in Mar. 2024 was 0.09.


Chinatesta Textile Testing and Certification Services Co Debt-to-Asset Historical Data

The historical data trend for Chinatesta Textile Testing and Certification Services 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.

Chinatesta Textile Testing and Certification Services Co Debt-to-Asset Chart

Chinatesta Textile Testing and Certification Services Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - 0.08 0.06 0.07 0.09

Chinatesta Textile Testing and Certification Services Co Quarterly Data
Jun18 Dec18 Jun19 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 0.06 0.07 0.10 0.09 0.09

Competitive Comparison of Chinatesta Textile Testing and Certification Services Co's Debt-to-Asset

For the Specialty Business Services subindustry, Chinatesta Textile Testing and Certification Services 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.


Chinatesta Textile Testing and Certification Services Co's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Chinatesta Textile Testing and Certification Services Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Chinatesta Textile Testing and Certification Services Co's Debt-to-Asset falls into.



Chinatesta Textile Testing and Certification Services Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chinatesta Textile Testing and Certification Services 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
=(11.81 + 26.253) / 422.03
=0.09

Chinatesta Textile Testing and Certification Services Co'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
=(12.426 + 23.731) / 420.332
=0.09

* 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.


Chinatesta Textile Testing and Certification Services Co  (BJSE:873122) 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.


Chinatesta Textile Testing and Certification Services Co Debt-to-Asset Related Terms

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Chinatesta Textile Testing and Certification Services Co (BJSE:873122) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Yanjingli Middle Street, Balizhuang Street, Chaoyang District, Beijing, CHN, 100025
Chinatesta Textile Testing and Certification Services Co Ltd is engaged in the research and revision of textile standards, inspection, testing, and certification of textile and light industrial products, research and development and management of test consumables, and calibration of textile instruments.

Chinatesta Textile Testing and Certification Services Co (BJSE:873122) Headlines

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