GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sanwei Holding Group Co Ltd (SHSE:603033) » Definitions » Debt-to-Asset

Sanwei Holding Group Co (SHSE:603033) Debt-to-Asset : 0.46 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Sanwei Holding Group Co Debt-to-Asset?

Sanwei Holding Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2,572 Mil. Sanwei Holding Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2,543 Mil. Sanwei Holding Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥11,036 Mil. Sanwei Holding Group Co's debt to asset for the quarter that ended in Sep. 2024 was 0.46.


Sanwei Holding Group Co Debt-to-Asset Historical Data

The historical data trend for Sanwei Holding 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.

Sanwei Holding Group Co Debt-to-Asset Chart

Sanwei Holding 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 0.23 0.28 0.33 0.40 0.47

Sanwei Holding 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 0.47 0.47 0.47 0.46

Competitive Comparison of Sanwei Holding Group Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Sanwei Holding 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.


Sanwei Holding Group Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanwei Holding Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sanwei Holding Group Co's Debt-to-Asset falls into.



Sanwei Holding Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sanwei Holding 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
=(2432.244 + 2538.303) / 10544.44
=0.47

Sanwei Holding 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
=(2571.623 + 2542.944) / 11035.511
=0.46

* 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.


Sanwei Holding Group Co  (SHSE:603033) 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.


Sanwei Holding Group Co Debt-to-Asset Related Terms

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


Sanwei Holding Group Co Business Description

Traded in Other Exchanges
N/A
Address
Haiyou Street, Xiapeng Village, Sanmen County, Zhejiang Province, Taizhou, CHN, 317100
Sanwei Holding Group Co Ltd formerly Zhejiang Sanwei Rubber Item Co Ltd manufactures and sells conveyor belt and v belt products for bulk materials and various industrial applications. The company designs, produces, and sells conveyor belt and belt products constructed from polyester, polyester cotton, nylon, and other fabrics. The company offers EP conveyor belts, NN conveyor belts, steel cord conveyor belts, flame retardant conveyor belts, high temperature resistant conveyor belts, chevron conveyor belts, cold resistant conveyor belts, rubber v belts, raw edge cogged v belts, banded v belts, agricultural v belts, motor v belts, variable speed v belts.
Executives
Wen Shou Dong Directors, senior managers
Gu Chen Hui Director
Jing Gong Hui senior management

Sanwei Holding Group Co Headlines

No Headlines