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Beijing Tongrentang Co (SHSE:600085) Debt-to-Asset : 0.13 (As of Mar. 2024)


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What is Beijing Tongrentang Co Debt-to-Asset?

Beijing Tongrentang Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥648 Mil. Beijing Tongrentang Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3,348 Mil. Beijing Tongrentang Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥31,253 Mil. Beijing Tongrentang Co's debt to asset for the quarter that ended in Mar. 2024 was 0.13.


Beijing Tongrentang Co Debt-to-Asset Historical Data

The historical data trend for Beijing Tongrentang 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.

Beijing Tongrentang Co Debt-to-Asset Chart

Beijing Tongrentang 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 0.07 0.14 0.13 0.11 0.10

Beijing Tongrentang 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 0.10 0.10 0.10 0.10 0.13

Competitive Comparison of Beijing Tongrentang Co's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Beijing Tongrentang 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.


Beijing Tongrentang Co's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Beijing Tongrentang Co's Debt-to-Asset distribution charts can be found below:

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



Beijing Tongrentang Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Beijing Tongrentang 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
=(616.869 + 2495.497) / 30089.45
=0.10

Beijing Tongrentang 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
=(647.506 + 3348.384) / 31253.027
=0.13

* 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.


Beijing Tongrentang Co  (SHSE:600085) 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.


Beijing Tongrentang Co Debt-to-Asset Related Terms

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Beijing Tongrentang Co (SHSE:600085) Business Description

Traded in Other Exchanges
N/A
Address
No. 52 Dong Xing Long Street, Chongwen District, Beijing, Beijing, CHN, 100062
Beijing Tongrentang Co Ltd is a China-based company operating in the traditional Chinese medicinal industry. The company produces modern pharmaceuticals and operates retail businesses and medical services. Its products are Children Qingfei oral liquid, Rana oil granules, Ejiao, and others.

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