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CITIC Securities Co (HKSE:06030) Debt-to-Asset : 0.14 (As of Mar. 2024)


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What is CITIC Securities Co Debt-to-Asset?

CITIC Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$0 Mil. CITIC Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$238,294 Mil. CITIC Securities Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was HK$1,702,593 Mil. CITIC Securities Co's debt to asset for the quarter that ended in Mar. 2024 was 0.14.


CITIC Securities Co Debt-to-Asset Historical Data

The historical data trend for CITIC Securities 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.

CITIC Securities Co Debt-to-Asset Chart

CITIC Securities Co 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 0.24 0.19 0.20 0.14 0.18

CITIC Securities Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.14 0.14 0.14 0.18 0.14

Competitive Comparison of CITIC Securities Co's Debt-to-Asset

For the Capital Markets subindustry, CITIC Securities 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.


CITIC Securities Co's Debt-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CITIC Securities Co's Debt-to-Asset distribution charts can be found below:

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



CITIC Securities Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CITIC Securities Co'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
=(0 + 290226.204) / 1589653.525
=0.18

CITIC Securities Co's Debt-to-Asset for the quarter that ended in Mar. 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
=(0 + 238293.97) / 1702593.383
=0.14

* 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.


CITIC Securities Co  (HKSE:06030) 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 Securities Co Debt-to-Asset Related Terms

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CITIC Securities Co (HKSE:06030) Business Description

Traded in Other Exchanges
Address
1 Tim Mei Avenue, 26th Floor, CITIC Tower, Central, Hong Kong, HKG
CITIC Securities Co Ltd is a brokerage and investment group that provides brokerage, underwriting and sponsoring, proprietary trading, investment banking, asset management, investment advisory, and other services. The company's brokerage business consists of securities brokerage and futures brokerage and its asset management business includes portfolio management, directional asset management, special asset management, as well as fund management. The company offers financial services and products to a diverse client base including corporations, financial institutions, governments, and individuals. Citic Securities principally operates in mainland China and Hong Kong.

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