GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jiangxi Copper Co Ltd (OTCPK:JIAXF) » Definitions » Debt-to-Asset

Jiangxi Copper Co (Jiangxi Copper Co) Debt-to-Asset : 0.41 (As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Jiangxi Copper Co Debt-to-Asset?

Jiangxi Copper Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8,360 Mil. Jiangxi Copper Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,760 Mil. Jiangxi Copper Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $27,055 Mil. Jiangxi Copper Co's debt to asset for the quarter that ended in Mar. 2024 was 0.41.


Jiangxi Copper Co Debt-to-Asset Historical Data

The historical data trend for Jiangxi Copper 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.

Jiangxi Copper Co Debt-to-Asset Chart

Jiangxi Copper 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 0.38 0.35 0.33 0.32 0.34

Jiangxi Copper 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 0.37 0.40 0.35 0.34 0.41

Competitive Comparison of Jiangxi Copper Co's Debt-to-Asset

For the Copper subindustry, Jiangxi Copper 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.


Jiangxi Copper Co's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Jiangxi Copper Co's Debt-to-Asset distribution charts can be found below:

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



Jiangxi Copper Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jiangxi Copper 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
=(5358.844 + 2662.08) / 23549.887
=0.34

Jiangxi Copper 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
=(8359.557 + 2760.487) / 27054.835
=0.41

* 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.


Jiangxi Copper Co  (OTCPK:JIAXF) 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.


Jiangxi Copper Co Debt-to-Asset Related Terms

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


Jiangxi Copper Co (Jiangxi Copper Co) Business Description

Traded in Other Exchanges
Address
No. 7666 Changdong Avenue, High-tech Development Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangxi Copper Co Ltd engages in copper mining and dressing; smelting and processing; extraction, and processing of precious and scattered metal, and sulphuric chemistry. Its products include a copper cathode, gold, silver, sulphuric acid, c, copper foil, selenium, tellurium, rhenium, and bismuth. It has two operating segments as follows: Copper related business and Gold related business out of which Copper related business segment accounts for a majority of revenue.

Jiangxi Copper Co (Jiangxi Copper Co) Headlines

No Headlines