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Sichuan Mingxing Electric Power Co (SHSE:600101) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Sichuan Mingxing Electric Power Co Debt-to-Asset?

Sichuan Mingxing Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥30 Mil. Sichuan Mingxing Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥52 Mil. Sichuan Mingxing Electric Power Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥4,045 Mil. Sichuan Mingxing Electric Power Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Sichuan Mingxing Electric Power Co Debt-to-Asset Historical Data

The historical data trend for Sichuan Mingxing Electric Power 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.

Sichuan Mingxing Electric Power Co Debt-to-Asset Chart

Sichuan Mingxing Electric Power 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 0.03 0.03 0.02 0.02 0.02

Sichuan Mingxing Electric Power 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 0.02 0.01 0.02 0.02 0.02

Competitive Comparison of Sichuan Mingxing Electric Power Co's Debt-to-Asset

For the Utilities - Diversified subindustry, Sichuan Mingxing Electric Power 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.


Sichuan Mingxing Electric Power Co's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Sichuan Mingxing Electric Power Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sichuan Mingxing Electric Power Co's Debt-to-Asset falls into.



Sichuan Mingxing Electric Power Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sichuan Mingxing Electric Power 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
=(51.901 + 31.587) / 3894.611
=0.02

Sichuan Mingxing Electric Power Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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.


Sichuan Mingxing Electric Power Co  (SHSE:600101) 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.


Sichuan Mingxing Electric Power Co Debt-to-Asset Related Terms

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Sichuan Mingxing Electric Power Co (SHSE:600101) Business Description

Traded in Other Exchanges
N/A
Address
No. 88 Mingyue Road, Mingxing Hotel, 11F, Suining, Sichuan, CHN, 629000
Sichuan Mingxing Electric Power Company Limited is mainly engaged in the production of electricity, water, and natural gas in China. It is also involved in the development of mineral resources, real estate, and hotel services.
Executives
Tao Ming Supervisors
Jiang Qing senior management

Sichuan Mingxing Electric Power Co (SHSE:600101) Headlines

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