Zhejiang Wanfeng Chemical Co (SHSE:603172) Debt-to-Asset : 0.09 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Wanfeng Chemical Co Debt-to-Asset?

Zhejiang Wanfeng Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥77.3 Mil. Zhejiang Wanfeng Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥50.5 Mil. Zhejiang Wanfeng Chemical Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥1,391.2 Mil. Zhejiang Wanfeng Chemical Co's debt to asset for the quarter that ended in Sep. 2024 was 0.09.

Zhejiang Wanfeng Chemical Co Debt-to-Asset Historical Data

The historical data trend for Zhejiang Wanfeng Chemical 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.

Zhejiang Wanfeng Chemical Co Debt-to-Asset Chart

Zhejiang Wanfeng Chemical Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.14

0.06

0.05

0.08

Zhejiang Wanfeng Chemical Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial									0.08	0.08	0.08	0.09	0.09

Competitive Comparison of Zhejiang Wanfeng Chemical Co's Debt-to-Asset

For the Specialty Chemicals subindustry, Zhejiang Wanfeng Chemical 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.

Zhejiang Wanfeng Chemical Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Wanfeng Chemical Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhejiang Wanfeng Chemical Co's Debt-to-Asset falls into.

Zhejiang Wanfeng Chemical Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhejiang Wanfeng Chemical 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
	=	(69.475	+	42.835)	/	1383.271
	=	0.08

Zhejiang Wanfeng Chemical 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
	=	(77.274	+	50.525)	/	1391.181
	=	0.09

Zhejiang Wanfeng Chemical Co (SHSE:603172) 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.

Zhejiang Wanfeng Chemical Co Debt-to-Asset Related Terms

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

Zhejiang Wanfeng Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Wanfeng Chemical Co Ltd (SHSE:603172) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiner Village, Ma'an Town, Keqiao District, Zhejiang, Shaoxing, CHN

Website

http://www.wfdyes.com

Zhejiang Wanfeng Chemical Co Ltd is a national high-tech enterprise specializing in research, Development, production and sales of high-end disperse dyes. The company's main industry is disperse dyes, with an annual production capacity of approximately 10,000 tons, which are used for the dyeing and printing of polyester and its blended fabrics. The high-washing series of disperse dyes is the company's superior product, which has strong market competitiveness and is widely used in the fabrics of major outdoor sports brands. It has become one of the industry's benchmark products in the field of high-end outdoor sportswear.

Zhejiang Wanfeng Chemical Co Headlines

No Headlines