GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Shandong Hiking International Co Ltd (SHSE:600735) » Definitions » Debt-to-Asset

Shandong Hiking International Co (SHSE:600735) Debt-to-Asset : 0.12 (As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Shandong Hiking International Co Debt-to-Asset?

Shandong Hiking International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥259 Mil. Shandong Hiking International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥17 Mil. Shandong Hiking International Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥2,223 Mil. Shandong Hiking International Co's debt to asset for the quarter that ended in Sep. 2024 was 0.12.


Shandong Hiking International Co Debt-to-Asset Historical Data

The historical data trend for Shandong Hiking International 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.

Shandong Hiking International Co Debt-to-Asset Chart

Shandong Hiking International 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 0.02 0.05 0.09 0.09 0.12

Shandong Hiking International 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 0.10 0.12 0.10 0.14 0.12

Competitive Comparison of Shandong Hiking International Co's Debt-to-Asset

For the Industrial Distribution subindustry, Shandong Hiking International 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.


Shandong Hiking International Co's Debt-to-Asset Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Shandong Hiking International Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shandong Hiking International Co's Debt-to-Asset falls into.



Shandong Hiking International Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shandong Hiking International 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
=(257.134 + 22.911) / 2263.251
=0.12

Shandong Hiking International 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
=(258.531 + 17.272) / 2222.742
=0.12

* 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.


Shandong Hiking International Co  (SHSE:600735) 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.


Shandong Hiking International Co Debt-to-Asset Related Terms

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


Shandong Hiking International Co Business Description

Traded in Other Exchanges
N/A
Address
No. 131, Songling Road, 17th Floor, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Shandong Hiking International Co Ltd is engaged in the international trade of textile products, aquatic products, and non-ferrous metal products.
Executives
Zhang Jian Hua Director
Zhang Hang Director
Wang Hu Yong Director
Cao Xu senior management

Shandong Hiking International Co Headlines

No Headlines