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Minmetals Land (HKSE:00230) Debt-to-Asset : 0.47 (As of Jun. 2024)


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What is Minmetals Land Debt-to-Asset?

Minmetals Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$15,470 Mil. Minmetals Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$6,714 Mil. Minmetals Land's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$47,618 Mil. Minmetals Land's debt to asset for the quarter that ended in Jun. 2024 was 0.47.

Minmetals Land Debt-to-Asset Historical Data

The historical data trend for Minmetals Land'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.

Minmetals Land Debt-to-Asset Chart

Minmetals Land 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 0.34 0.29 0.27 0.36 0.44

Minmetals Land 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 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 0.34 0.36 0.43 0.44 0.47

Competitive Comparison of Minmetals Land's Debt-to-Asset

For the Real Estate - Development subindustry, Minmetals Land'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.

Minmetals Land's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Minmetals Land's Debt-to-Asset distribution charts can be found below:

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


Minmetals Land Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Minmetals Land'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
=(15226.846 + 8096.252) / 53575.153
=0.44

Minmetals Land'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
=(15469.887 + 6713.856) / 47618.461
=0.47

* 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.

Minmetals Land  (HKSE:00230) 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.

Minmetals Land Debt-to-Asset Related Terms

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Minmetals Land Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Minmetals Land Ltd (HKSE:00230) » Definitions » Debt-to-Asset
Comparable Companies
HKSE:00160 HKSE:00618 HKSE:00147 HKSE:01813 HKSE:00542 HKSE:01098 HKSE:00131 HKSE:01638 HKSE:00672 HKSE:00124 HKSE:00016 BOM:532868 DFM:EMAAR TSE:1925 HKSE:01109 PHS:HVN HKSE:00688 ADX:ALDAR HKSE:01113 BOM:543287
Traded in Other Exchanges
ONF:Germany
Address
79 Chatham Road South, 18th Floor, China Minmetals Tower, Tsimshatsui, Kowloon, Hong Kong, HKG
Website
https://www.minmetalsland.com
Minmetals Land Ltd is a Hong Kong-based investment holding company. It is principally engaged in real estate development, specialised construction, property investment, and securities investment. The firm has four operating segments which are Real estate development, Specialised construction, Property investment, and Securities investment. Its real estate development business, which is the key revenue-generating segment, covers the development and sales of residential and commercial properties. The group operates in Hong Kong and Mainland China, of which a majority of revenue is derived from Mainland China.

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