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Grandblue Environment Co (SHSE:600323) Debt-to-Asset : 0.44 (As of Mar. 2024)


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What is Grandblue Environment Co Debt-to-Asset?

Grandblue Environment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,455 Mil. Grandblue Environment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11,435 Mil. Grandblue Environment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥36,544 Mil. Grandblue Environment Co's debt to asset for the quarter that ended in Mar. 2024 was 0.43.


Grandblue Environment Co Debt-to-Asset Historical Data

The historical data trend for Grandblue Environment 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.

Grandblue Environment Co Debt-to-Asset Chart

Grandblue Environment 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 0.36 0.39 0.38 0.43 0.43

Grandblue Environment 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 0.44 0.44 0.44 0.43 0.44

Competitive Comparison of Grandblue Environment Co's Debt-to-Asset

For the Utilities - Regulated Water subindustry, Grandblue Environment 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.


Grandblue Environment Co's Debt-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grandblue Environment Co's Debt-to-Asset distribution charts can be found below:

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



Grandblue Environment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grandblue Environment 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
=(4292.834 + 10938.802) / 35797.699
=0.43

Grandblue Environment 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
=(4455.06 + 11434.827) / 36543.72
=0.43

* 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.


Grandblue Environment Co  (SHSE:600323) 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.


Grandblue Environment Co Debt-to-Asset Related Terms

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Grandblue Environment Co (SHSE:600323) Business Description

Traded in Other Exchanges
N/A
Address
Cailian Building, Nanhai Avenue, Guicheng, Nanhai District, Guangdong Province, Foshan, CHN, 528200
Grandblue Environment Co Ltd is mainly engaged in urban water supply, sewage treatment, solid waste processing, and construction and operation of municipal infrastructure.

Grandblue Environment Co (SHSE:600323) Headlines

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