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CNF (CNFinance Holdings) Debt-to-Asset : 0.48 (As of Jun. 2024)


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What is CNFinance Holdings Debt-to-Asset?

CNFinance Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.0 Mil. CNFinance Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,149.4 Mil. CNFinance Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $2,381.8 Mil. CNFinance Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.48.


CNFinance Holdings Debt-to-Asset Historical Data

The historical data trend for CNFinance Holdings'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.

CNFinance Holdings Debt-to-Asset Chart

CNFinance Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.51 0.46 0.56 0.54 0.51

CNFinance Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 0.50 0.47 0.47 0.51 0.48

Competitive Comparison of CNFinance Holdings's Debt-to-Asset

For the Mortgage Finance subindustry, CNFinance Holdings'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.


CNFinance Holdings's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CNFinance Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CNFinance Holdings's Debt-to-Asset falls into.


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CNFinance Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CNFinance Holdings'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
=(0 + 1158.187) / 2291.861
=0.51

CNFinance Holdings's Debt-to-Asset for the quarter that ended in Jun. 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
=(0 + 1149.362) / 2381.768
=0.48

* 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.


CNFinance Holdings  (NYSE:CNF) 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.


CNFinance Holdings Debt-to-Asset Related Terms

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CNFinance Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 16 Zhujiang Dong Road, 44th Floor, Tower G, Guangdong Province, Gold Land Plaza, Tianhe District, Guangzhou, CHN, 510620
CNFinance Holdings Ltd is an equity loan service provider. It focuses on the development of small and micro-enterprises. It generates revenue in the form of interest and financing service fees on loans and interest on deposits with banks. Its primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities in China. Geographically, it has an operation in PRC.

CNFinance Holdings Headlines

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