Cosmos Machinery Enterprises (HKSE:00118) Debt-to-Asset : 0.11 (As of Jun. 2024)

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What is Cosmos Machinery Enterprises Debt-to-Asset?

Cosmos Machinery Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$238 Mil. Cosmos Machinery Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$13 Mil. Cosmos Machinery Enterprises's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$2,365 Mil. Cosmos Machinery Enterprises's debt to asset for the quarter that ended in Jun. 2024 was 0.11.

Cosmos Machinery Enterprises Debt-to-Asset Historical Data

The historical data trend for Cosmos Machinery Enterprises'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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Cosmos Machinery Enterprises Debt-to-Asset Chart

Cosmos Machinery Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.16

0.13

0.12

0.10

Cosmos Machinery Enterprises Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.10	0.11	0.10	0.11

Competitive Comparison of Cosmos Machinery Enterprises's Debt-to-Asset

For the Conglomerates subindustry, Cosmos Machinery Enterprises'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.

Cosmos Machinery Enterprises's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Cosmos Machinery Enterprises's Debt-to-Asset distribution charts can be found below:

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

Cosmos Machinery Enterprises Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cosmos Machinery Enterprises'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
	=	(238.78	+	4.741)	/	2462.08
	=	0.10

Cosmos Machinery Enterprises'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
	=	(237.578	+	12.861)	/	2364.851
	=	0.11

Cosmos Machinery Enterprises (HKSE:00118) 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.

Cosmos Machinery Enterprises Debt-to-Asset Related Terms

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Cosmos Machinery Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cosmos Machinery Enterprises Ltd (HKSE:00118) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Cheung Yue Street, 10th Floor, Billion Plaza 2, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.cosmel.com

Cosmos Machinery Enterprises Ltd is an investment holding company. The company operates in segments namely, trading of Industrial Consumables, Processing and Manufacturing of Plastic Products, Manufacturing of Machinery, Processing and Trading of Printed Circuit Boards, and Machinery Leasing. The company derives maximum revenue from the Machinery Leasing segment. The geographical segments of the company are Hong Kong, Mainland China, Other Asia-Pacific countries, North America, and Europe, of which the majority of its maximum revenue comes from Mainland China.

Executives

Saniwell Holding Inc.	2201 Interest of corporation controlled by you
Tang Yu, Freeman	2201 Interest of corporation controlled by you
Tang To	2201 Interest of corporation controlled by you
Friendchain Investments Limited	2201 Interest of corporation controlled by you
Codo Development Limited	2201 Interest of corporation controlled by you
Cosmos Machinery (holdings) Limited	2101 Beneficial owner
Tai Shing Agencies Limited	2101 Beneficial owner
China Resources Company Limited (formerly Known As China Resources National Corporation)
Law Kit Fong	2201 Interest of corporation controlled by you

Cosmos Machinery Enterprises Headlines

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