Hui Min Environmental Tech (ROCO:6971) Debt-to-Asset : 0.53 (As of Jun. 2024)

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What is Hui Min Environmental Tech Debt-to-Asset?

Hui Min Environmental Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$801 Mil. Hui Min Environmental Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$401 Mil. Hui Min Environmental Tech's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was NT$2,290 Mil. Hui Min Environmental Tech's debt to asset for the quarter that ended in Jun. 2024 was 0.52.

Hui Min Environmental Tech Debt-to-Asset Historical Data

The historical data trend for Hui Min Environmental Tech'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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Hui Min Environmental Tech Debt-to-Asset Chart

Hui Min Environmental Tech Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Asset

0.37

0.45

0.46

Hui Min Environmental Tech Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial			-	0.45	0.51	0.46	0.53

Competitive Comparison of Hui Min Environmental Tech's Debt-to-Asset

For the Pollution & Treatment Controls subindustry, Hui Min Environmental Tech'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.

Hui Min Environmental Tech's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hui Min Environmental Tech's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hui Min Environmental Tech's Debt-to-Asset falls into.

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Hui Min Environmental Tech Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hui Min Environmental Tech'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
	=	(514.325	+	366.366)	/	1908.089
	=	0.46

Hui Min Environmental Tech'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
	=	(800.708	+	401.406)	/	2290.096
	=	0.52

Hui Min Environmental Tech (ROCO:6971) 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.

Hui Min Environmental Tech Debt-to-Asset Related Terms

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Hui Min Environmental Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hui Min Environmental Tech Corp (ROCO:6971) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minsheng E. Road, 1F., No. 5, Aly. 2, Ln. 69, Sec. 5, Songshan District, Taipei City, TWN, 105

Website

http://www.huimin.com.tw

Hui Min Environmental Tech Corp is an environmental protection engineering construction company. It is engaged in the environmental protection business and provides environmental engineering and related professional and technical services and also includes equipment manufacturing, sales of constructions, and operational maintenance of government contracts.

Hui Min Environmental Tech Headlines

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