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Jintai Energy Holdings (HKSE:02728) Debt-to-Asset : 0.60 (As of Dec. 2023)


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What is Jintai Energy Holdings Debt-to-Asset?

Jintai Energy Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$44 Mil. Jintai Energy Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$137 Mil. Jintai Energy Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$305 Mil. Jintai Energy Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.59.


Jintai Energy Holdings Debt-to-Asset Historical Data

The historical data trend for Jintai Energy Holdings'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.

Jintai Energy Holdings Debt-to-Asset Chart

Jintai Energy Holdings 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 0.75 0.27 0.44 0.12 0.60

Jintai Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.44 0.55 0.12 0.52 0.60

Competitive Comparison of Jintai Energy Holdings's Debt-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Jintai Energy Holdings'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.


Jintai Energy Holdings's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jintai Energy Holdings's Debt-to-Asset distribution charts can be found below:

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



Jintai Energy Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jintai Energy Holdings'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
=(44.065 + 137.143) / 304.734
=0.59

Jintai Energy Holdings's Debt-to-Asset for the quarter 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
=(44.065 + 137.143) / 304.734
=0.59

* 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.


Jintai Energy Holdings  (HKSE:02728) 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.


Jintai Energy Holdings Debt-to-Asset Related Terms

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Jintai Energy Holdings (HKSE:02728) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 Liyi Road, Golden Phoenix Building, Lijin County, Shandong Province, Dongying, CHN
Jintai Energy Holdings Ltd is engaged in the manufacturing and trading business. The segments of the group are Energy business, Drilling services, Speaker business, Operation of digital energy trading parks, Transportation services, Services business of customs declaration and Electronic products. It derives prime revenue from the Energy business which involves mainly the trading of fuel oil and kerosene. The group generates key revenue from the PRC.

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