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Ningbo Lehui International Engineering Equipment Co (SHSE:603076) Debt-to-Asset : 0.23 (As of Sep. 2024)


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What is Ningbo Lehui International Engineering Equipment Co Debt-to-Asset?

Ningbo Lehui International Engineering Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥764 Mil. Ningbo Lehui International Engineering Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥65 Mil. Ningbo Lehui International Engineering Equipment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,560 Mil. Ningbo Lehui International Engineering Equipment Co's debt to asset for the quarter that ended in Sep. 2024 was 0.23.


Ningbo Lehui International Engineering Equipment Co Debt-to-Asset Historical Data

The historical data trend for Ningbo Lehui International Engineering Equipment 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.

Ningbo Lehui International Engineering Equipment Co Debt-to-Asset Chart

Ningbo Lehui International Engineering Equipment 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 0.16 0.12 0.20 0.25 0.28

Ningbo Lehui International Engineering Equipment 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 0.26 0.28 0.26 0.27 0.23

Competitive Comparison of Ningbo Lehui International Engineering Equipment Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Ningbo Lehui International Engineering Equipment 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.


Ningbo Lehui International Engineering Equipment Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ningbo Lehui International Engineering Equipment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ningbo Lehui International Engineering Equipment Co's Debt-to-Asset falls into.



Ningbo Lehui International Engineering Equipment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ningbo Lehui International Engineering Equipment 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
=(851.182 + 128.487) / 3567.255
=0.27

Ningbo Lehui International Engineering Equipment 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
=(764.349 + 64.622) / 3559.876
=0.23

* 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.


Ningbo Lehui International Engineering Equipment Co  (SHSE:603076) 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.


Ningbo Lehui International Engineering Equipment Co Debt-to-Asset Related Terms

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Ningbo Lehui International Engineering Equipment Co Business Description

Traded in Other Exchanges
N/A
Address
Western Zhouxiang Electrical and Mechanical Industrial Park, Xiangxi County, Zhejiang Province, Ningbo, CHN, 315722
Ningbo Lehui International Engineering Equipment Co Ltd operates as a brewery equipment manufacturing company. Its products consist of scale brewery equipment such as brew-house, cellar and filtration, craft brewery equipment, beverage and liquid food technology, bio, and food equipment, retort and automation technology comprising of renovating and reconstructing and process control system and others. The company's products have applications in beer, beverages, food, biology, medicine and other departments. It distributes its products within domestic as well as in international market.
Executives
Huang Yue Ning Directors, senior managers
Liu Fei Director
Lai Yun Lai Director
Chen Xiao Ping Director
Wan Cai Fei senior management
Shen Lin Director
Dong Xiang Yang senior management
Wu Zai Hong senior management
Yu Hua He senior management
Song Xi Hui Director

Ningbo Lehui International Engineering Equipment Co Headlines

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