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China Hainan Rubber Industry Group Co (SHSE:601118) Debt-to-Asset : 0.48 (As of Sep. 2024)


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What is China Hainan Rubber Industry Group Co Debt-to-Asset?

China Hainan Rubber Industry Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥9,558 Mil. China Hainan Rubber Industry Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥7,970 Mil. China Hainan Rubber Industry Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥36,233 Mil. China Hainan Rubber Industry Group Co's debt to asset for the quarter that ended in Sep. 2024 was 0.48.


China Hainan Rubber Industry Group Co Debt-to-Asset Historical Data

The historical data trend for China Hainan Rubber Industry Group 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.

China Hainan Rubber Industry Group Co Debt-to-Asset Chart

China Hainan Rubber Industry Group 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 0.26 0.26 0.34 0.40 0.49

China Hainan Rubber Industry Group 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 0.49 0.49 0.50 0.47 0.48

Competitive Comparison of China Hainan Rubber Industry Group Co's Debt-to-Asset

For the Specialty Chemicals subindustry, China Hainan Rubber Industry Group 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.


China Hainan Rubber Industry Group Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, China Hainan Rubber Industry Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Hainan Rubber Industry Group Co's Debt-to-Asset falls into.



China Hainan Rubber Industry Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Hainan Rubber Industry Group 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
=(10758.333 + 5798.029) / 33950.327
=0.49

China Hainan Rubber Industry Group 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
=(9558.277 + 7969.544) / 36232.556
=0.48

* 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.


China Hainan Rubber Industry Group Co  (SHSE:601118) 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.


China Hainan Rubber Industry Group Co Debt-to-Asset Related Terms

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China Hainan Rubber Industry Group Co Business Description

Traded in Other Exchanges
N/A
Address
Green Sea, building-13, Ken Road, Hainan Province, Haikou, Shanghai, CHN, 570226
China Hainan Rubber Industry Group Co Ltd operates in the rubber industry. Its principal business activities include research and development, plantation, processing and distribution of natural rubber in China. Its product offering includes natural rubber inspection gloves, latex wire, aviation tire standard glue, meridian and light color glues.

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