GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aeolus Tyre Co Ltd (SHSE:600469) » Definitions » Debt-to-Asset

Aeolus Tyre Co (SHSE:600469) Debt-to-Asset : 0.17 (As of Sep. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Aeolus Tyre Co Debt-to-Asset?

Aeolus Tyre Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥4 Mil. Aeolus Tyre Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,230 Mil. Aeolus Tyre Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥7,478 Mil. Aeolus Tyre Co's debt to asset for the quarter that ended in Sep. 2024 was 0.17.


Aeolus Tyre Co Debt-to-Asset Historical Data

The historical data trend for Aeolus Tyre 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.

Aeolus Tyre Co Debt-to-Asset Chart

Aeolus Tyre 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 0.32 0.22 0.22 0.22 0.18

Aeolus Tyre Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.16 0.18 0.17 0.17 0.17

Competitive Comparison of Aeolus Tyre Co's Debt-to-Asset

For the Auto Parts subindustry, Aeolus Tyre 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.


Aeolus Tyre Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aeolus Tyre Co's Debt-to-Asset distribution charts can be found below:

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



Aeolus Tyre Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Aeolus Tyre 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
=(281.912 + 1012.877) / 7194.594
=0.18

Aeolus Tyre Co's Debt-to-Asset for the quarter that ended in Sep. 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
=(4.431 + 1229.632) / 7477.889
=0.17

* 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.


Aeolus Tyre Co  (SHSE:600469) 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.


Aeolus Tyre Co Debt-to-Asset Related Terms

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


Aeolus Tyre Co Business Description

Traded in Other Exchanges
N/A
Address
No. 48, Jiaodong South Road, Jiaozuo, Henan, CHN, 454003
Aeolus Tyre Co Ltd is engaged in the manufacturing of tires. The company mainly produces more than 1,000 specifications and varieties of trucks and buses and off-road tires under multiple brands such as "Fengshen", "Fengli" and "Henan", and its products are sold well in more than 140 countries and regions around the world. The company has the design and production capabilities of a full range of trucks, buses, and off-road tires.
Executives
Shen Hong Liang Director

Aeolus Tyre Co Headlines

No Headlines