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IDCBY (Industrial And Commercial Bank Of China) Debt-to-Asset : 0.05 (As of Sep. 2024)


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What is Industrial And Commercial Bank Of China Debt-to-Asset?

Industrial And Commercial Bank Of China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil. Industrial And Commercial Bank Of China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $345,985 Mil. Industrial And Commercial Bank Of China's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $6,834,052 Mil. Industrial And Commercial Bank Of China's debt to asset for the quarter that ended in Sep. 2024 was 0.05.


Industrial And Commercial Bank Of China Debt-to-Asset Historical Data

The historical data trend for Industrial And Commercial Bank Of China'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.

Industrial And Commercial Bank Of China Debt-to-Asset Chart

Industrial And Commercial Bank Of China 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 0.04 0.04 0.04 0.04 0.04

Industrial And Commercial Bank Of China Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.04 0.04 0.04 0.05 0.05

Competitive Comparison of Industrial And Commercial Bank Of China's Debt-to-Asset

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.


Industrial And Commercial Bank Of China's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Debt-to-Asset falls into.



Industrial And Commercial Bank Of China Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Industrial And Commercial Bank Of China'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 + 265853.898) / 6259919.75
=0.04

Industrial And Commercial Bank Of China's Debt-to-Asset for the quarter that ended in Sep. 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 + 345985.02) / 6834052.431
=0.05

* 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.


Industrial And Commercial Bank Of China  (OTCPK:IDCBY) 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.


Industrial And Commercial Bank Of China Debt-to-Asset Related Terms

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


Industrial And Commercial Bank Of China Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
ICBC is headquartered in Beijing and founded in 1984, the bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Among these outlets, 413 outlets are located in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively; and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.