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Eastern Communications Co (SHSE:600776) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is Eastern Communications Co Debt-to-Asset?

Eastern Communications Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥9 Mil. Eastern Communications Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥107 Mil. Eastern Communications Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥4,454 Mil. Eastern Communications Co's debt to asset for the quarter that ended in Mar. 2024 was 0.03.


Eastern Communications Co Debt-to-Asset Historical Data

The historical data trend for Eastern Communications 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.

Eastern Communications Co Debt-to-Asset Chart

Eastern Communications 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

Eastern Communications 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 - - - 0.03 0.03

Competitive Comparison of Eastern Communications Co's Debt-to-Asset

For the Communication Equipment subindustry, Eastern Communications 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.


Eastern Communications Co's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Eastern Communications Co's Debt-to-Asset distribution charts can be found below:

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



Eastern Communications Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Eastern Communications 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
=(8.736 + 109.235) / 4354.312
=0.03

Eastern Communications 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
=(8.767 + 107.039) / 4453.715
=0.03

* 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.


Eastern Communications Co  (SHSE:600776) 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.


Eastern Communications Co Debt-to-Asset Related Terms

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Eastern Communications Co (SHSE:600776) Business Description

Traded in Other Exchanges
Address
No. 66 Dongxin Avenue, New and High-Technology Development Zone, Binjiang District, Zhejiang, Hangzhou, CHN, 310053
Eastern Communications Co Ltd is a China-based communications services company. It provides solutions for industrial applications and listed companies in the fields of communication and financial technology, communications business, an intelligent manufacturing business and intelligent services and software and other fields. The company's product portfolio includes private network communications and information security products and solutions; financial electronic equipment and operations services; communications and information technology integration services and EMS manufacturing operations. The company's products and solutions are used in China and other international countries.

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