ZTE (FRA:FZM) Debt-to-Asset : 0.32 (As of Mar. 2024)

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What is ZTE Debt-to-Asset?

ZTE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,522 Mil. ZTE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €5,878 Mil. ZTE's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €26,632 Mil. ZTE's debt to asset for the quarter that ended in Mar. 2024 was 0.32.

ZTE Debt-to-Asset Historical Data

The historical data trend for ZTE'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.

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ZTE Debt-to-Asset Chart

ZTE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.27

0.24

0.26

0.29

ZTE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															0.27	0.28	0.29	0.29	0.32

Competitive Comparison of ZTE's Debt-to-Asset

For the Communication Equipment subindustry, ZTE'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.

ZTE's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ZTE's Debt-to-Asset distribution charts can be found below:

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

ZTE Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ZTE'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
	=	(2000.243	+	5591.298)	/	25808.63
	=	0.29

ZTE'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
	=	(2521.913	+	5878.246)	/	26631.855
	=	0.32

ZTE (FRA:FZM) 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.

ZTE Debt-to-Asset Related Terms

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ZTE (FRA:FZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ZTE Corp (FRA:FZM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

ZTCOF:USA 00763:Hong Kong FZM:Germany 000063:China

Address

ZTE Plaza, Keji Road South, Hi-Tech Industrial Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.zte.com.cn

ZTE Corp offers a suite of telecommunications and information technology equipment to carriers, businesses, and the public sector. The firm's product portfolio covers wireless networks, core networks, fixed access, terminals, and other telecom verticals. ZTE generates a majority of its revenue from equipment supporting carriers' networks, but also provides handset terminals and telecom software systems. PRC region accounts for a majority of the firm's revenue, but ZTE also has a presence in Asia, Africa, Europe and the Americas.

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