CITIC (HKSE:00267) Debt-to-Asset : 0.22 (As of Jun. 2024)

View and export this data going back to 1986. Start your Free Trial

What is CITIC Debt-to-Asset?

CITIC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$372,503 Mil. CITIC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2,090,819 Mil. CITIC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$11,429,264 Mil. CITIC's debt to asset for the quarter that ended in Jun. 2024 was 0.22.

CITIC Debt-to-Asset Historical Data

The historical data trend for CITIC'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.

CITIC Debt-to-Asset Chart

CITIC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.18

0.17

0.19

0.22

CITIC 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															0.22	0.19	0.18	0.22	0.22

Competitive Comparison of CITIC's Debt-to-Asset

For the Conglomerates subindustry, CITIC'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.

CITIC's Debt-to-Asset Distribution in the Conglomerates Industry

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

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

CITIC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CITIC'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
	=	(301197.688	+	2449253.799)	/	12490930.248
	=	0.22

CITIC'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
	=	(372503	+	2090819)	/	11429264
	=	0.22

CITIC (HKSE:00267) 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.

CITIC Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of CITIC's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

CITIC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CITIC Ltd (HKSE:00267) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

CTPCY:USA CTPCF:USA CPF:Germany CPF:Germany

Address

1 Tim Mei Avenue, 32nd Floor, CITIC Tower, Central, Hong Kong, HKG

Website

https://www.citic.com

CITIC Ltd is a Hong Kong-based investment holding company. The company's operating segment includes Comprehensive financial services; Advanced intelligent manufacturing; Advanced materials; New consumption and New-type urbanisation. It generates maximum revenue from the Comprehensive financial services segment. Geographically it derives a majority of its revenue from Mainland China.

Executives

Zhong Guo Zhong Xin Jin Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Citic Group Corporation	2201 Interest of corporation controlled by you
Charoen Pokphand Group Company Limited	2201 Interest of corporation controlled by you
Ct Brilliant Investment Holdings Limited	2201 Interest of corporation controlled by you
Chia Tai Bright Investment Company Limited	2401 A concert party to an agreement to buy shares
Itochu Corporation	2401 A concert party to an agreement to buy shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2101 Beneficial owner

CITIC Headlines

No Headlines