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Qianhe Condiment and Food Co (SHSE:603027) Debt-to-Asset : 0.04 (As of Sep. 2024)


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What is Qianhe Condiment and Food Co Debt-to-Asset?

Qianhe Condiment and Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥152 Mil. Qianhe Condiment and Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Qianhe Condiment and Food Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥4,240 Mil. Qianhe Condiment and Food Co's debt to asset for the quarter that ended in Sep. 2024 was 0.04.


Qianhe Condiment and Food Co Debt-to-Asset Historical Data

The historical data trend for Qianhe Condiment and Food 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.

Qianhe Condiment and Food Co Debt-to-Asset Chart

Qianhe Condiment and Food 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 0.08 - - 0.02 -

Qianhe Condiment and Food 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 - - - 0.06 0.04

Competitive Comparison of Qianhe Condiment and Food Co's Debt-to-Asset

For the Packaged Foods subindustry, Qianhe Condiment and Food 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.


Qianhe Condiment and Food Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qianhe Condiment and Food Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Qianhe Condiment and Food Co's Debt-to-Asset falls into.



Qianhe Condiment and Food Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Qianhe Condiment and Food 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
=(0.039 + 0.038) / 4267.794
=0.00

Qianhe Condiment and Food 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
=(151.755 + 0.039) / 4240.058
=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.


Qianhe Condiment and Food Co  (SHSE:603027) 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.


Qianhe Condiment and Food Co Debt-to-Asset Related Terms

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Qianhe Condiment and Food Co Business Description

Traded in Other Exchanges
N/A
Address
South China Min Hongjiadu, Dongpo District, Sichuan, Meishan, CHN
Qianhe Condiment and Food Co Ltd manufacture and sells various food additives in China. It provides soy sauce, rice vinegar and wine, onion ginger and cooking wine, and other spices.
Executives
He Tian Kui Directors, senior managers
Lv Ke Lin senior management
Xu Yi Directors, senior managers
Huang Gang Directors, senior managers
Wu Jian Yong Director
Wu Chao Qun Director
Liu De Hua Director
Cao Hong Director
Hu Gao Hong Director
Wu Xue Ming Director

Qianhe Condiment and Food Co Headlines

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