Global New Material International Holdings (HKSE:06616) Debt-to-Asset : 0.23 (As of Jun. 2024)

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What is Global New Material International Holdings Debt-to-Asset?

Global New Material International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$626 Mil. Global New Material International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$842 Mil. Global New Material International Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was HK$6,312 Mil. Global New Material International Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.23.

Global New Material International Holdings Debt-to-Asset Historical Data

The historical data trend for Global New Material International 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.

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Global New Material International Holdings Debt-to-Asset Chart

Global New Material International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.19

0.11

0.06

0.16

0.18

Global New Material International Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial						0.06	0.16	0.16	0.18	0.23

Competitive Comparison of Global New Material International Holdings's Debt-to-Asset

For the Specialty Chemicals subindustry, Global New Material International 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.

Global New Material International Holdings's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Global New Material International Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Global New Material International Holdings's Debt-to-Asset falls into.

Global New Material International Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Global New Material International 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
	=	(256.206	+	736.99)	/	5638.739
	=	0.18

Global New Material International Holdings'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
	=	(625.976	+	841.773)	/	6312.178
	=	0.23

Global New Material International Holdings (HKSE:06616) 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.

Global New Material International Holdings Debt-to-Asset Related Terms

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

Global New Material International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Global New Material International Holdings Ltd (HKSE:06616) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

No. 380, Feilu Road, Pearlescent Industrial Park, Guangxi Zhuang Autonomous Region, Luzhai Town, Luzhai County, Liuzhou, CHN, 545600

Website

http://www.chesir.net

Global New Material International Holdings Ltd is engaged in the production, research and development, and sales of pearlescent materials and synthetic mica. The materials are used in diverse applications and industries, including industrial coatings, plastics, textiles and leather, cosmetics, and automotive coatings. The company generates the majority of its revenue from the sale of pearlescent pigment products.

Executives

Wang Huan	2202 Interest of your spouse
Su Ertian	2201 Interest of corporation controlled by you
Guang Xi Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Gui Dong Dian Li Gu Fen You Xian Gong Si	2101 Beneficial owner
Guang Xi Guang Tou Zheng Run Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Lu Hai Xin Tong Dao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Guang Xi Jin Rong Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guang Tou Zi Ben Guan Li Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Guo Jia Kai Fa Yin Hang	2201 Interest of corporation controlled by you
You Ou Bi Tou Zi Guan Li Shang Hai You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Guo Kai Jin Rong You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Zhong Yang Hui Jin Tou Zi You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you

Global New Material International Holdings Headlines

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