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Atlantic China Welding Consumables (SHSE:600558) Debt-to-Asset : 0.04 (As of Sep. 2024)


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What is Atlantic China Welding Consumables Debt-to-Asset?

Atlantic China Welding Consumables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥97 Mil. Atlantic China Welding Consumables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥18 Mil. Atlantic China Welding Consumables's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,191 Mil. Atlantic China Welding Consumables's debt to asset for the quarter that ended in Sep. 2024 was 0.04.


Atlantic China Welding Consumables Debt-to-Asset Historical Data

The historical data trend for Atlantic China Welding Consumables'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.

Atlantic China Welding Consumables Debt-to-Asset Chart

Atlantic China Welding Consumables 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 0.10 0.08 0.10 0.09 0.06

Atlantic China Welding Consumables 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 0.07 0.06 0.05 0.04 0.04

Competitive Comparison of Atlantic China Welding Consumables's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Atlantic China Welding Consumables'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.


Atlantic China Welding Consumables's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlantic China Welding Consumables's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlantic China Welding Consumables's Debt-to-Asset falls into.



Atlantic China Welding Consumables Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Atlantic China Welding Consumables'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
=(155.594 + 19.565) / 3184.573
=0.06

Atlantic China Welding Consumables'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
=(97.099 + 17.564) / 3190.834
=0.04

* 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.


Atlantic China Welding Consumables  (SHSE:600558) 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.


Atlantic China Welding Consumables Debt-to-Asset Related Terms

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


Atlantic China Welding Consumables Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Machongkou Street, Da'an District, Zigong, Sichuan, CHN, 643010
Atlantic China Welding Consumables Inc is a welding consumable manufactory in China. Its products include mild steel electrodes, cellulose electrodes, high toughness electrodes, low alloy steel electrodes, hard facing electrodes, stainless steel electrodes, low-temperature steel electrodes, Mo and Cr-Mo heat resistant steel electrodes, and cast-iron electrodes. The company's products are widely used in power station boilers, pressure vessels, nuclear and space industries, bridges, ships, vehicles, petroleum and chemical industry, hydropower and thermal power stations.
Executives
Yang Fang Supervisors
Lan Kun Director

Atlantic China Welding Consumables Headlines

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