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Qilu Expressway Co (HKSE:01576) Debt-to-Asset : 0.51 (As of Dec. 2024)


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What is Qilu Expressway Co Debt-to-Asset?

Qilu Expressway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$901 Mil. Qilu Expressway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$10,497 Mil. Qilu Expressway Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was HK$22,502 Mil. Qilu Expressway Co's debt to asset for the quarter that ended in Dec. 2024 was 0.51.


Qilu Expressway Co Debt-to-Asset Historical Data

The historical data trend for Qilu Expressway Co'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.

Qilu Expressway Co Debt-to-Asset Chart

Qilu Expressway Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.40 0.37 0.49 0.51

Qilu Expressway Co Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.37 0.40 0.49 0.55 0.51

Competitive Comparison of Qilu Expressway Co's Debt-to-Asset

For the Infrastructure Operations subindustry, Qilu Expressway Co'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.


Qilu Expressway Co's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qilu Expressway Co's Debt-to-Asset distribution charts can be found below:

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


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Qilu Expressway Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Qilu Expressway Co's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(901.148 + 10496.916) / 22501.849
=0.51

Qilu Expressway Co's Debt-to-Asset for the quarter that ended in Dec. 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
=(901.148 + 10496.916) / 22501.849
=0.51

* 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.


Qilu Expressway Co  (HKSE:01576) 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.


Qilu Expressway Co Debt-to-Asset Related Terms

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


Qilu Expressway Co Business Description

Traded in Other Exchanges
Address
No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Qilu Expressway Co Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.
Executives
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Prudential Plc
Zhong Xin Bao Cheng Ren Shou Bao Xian You Xian Gong Si
Zhong Guo Hai Yun Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Yuan Yang Hai Yun Ji Tuan You Xian Gong Si
Zhong Yuan Hai Yun Xiang Gang You Xian Gong Si
Shen Hua Guo Neng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Guo Neng Dian Li Ji Shu Gong Cheng You Xian Gong Si 2101 Beneficial owner
Guo Jia Neng Yuan Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Shan Dong Gao Su Ji Tuan You Xian Gong Si
Shan Dong Gao Su Gu Fen You Xian Gong Si 2101 Beneficial owner
Zhao Shang Ju Gong Lu Wang Luo Ke Ji Kong Gu Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Xin Sheng Rong You Xian Gong Si
Zhong Guo Zhong Xin Ji Tuan You Xian Gong Si

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