GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Freely Communication Co Ltd (SHSE:603602) » Definitions » Debt-to-Asset

Hangzhou Freely Communication Co (SHSE:603602) Debt-to-Asset : 0.27 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Hangzhou Freely Communication Co Debt-to-Asset?

Hangzhou Freely Communication Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥131 Mil. Hangzhou Freely Communication Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥313 Mil. Hangzhou Freely Communication Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,659 Mil. Hangzhou Freely Communication Co's debt to asset for the quarter that ended in Mar. 2024 was 0.27.


Hangzhou Freely Communication Co Debt-to-Asset Historical Data

The historical data trend for Hangzhou Freely Communication 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.

Hangzhou Freely Communication Co Debt-to-Asset Chart

Hangzhou Freely Communication 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 0.06 0.22 0.21 0.19 0.18

Hangzhou Freely Communication Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.19 0.19 0.19 0.18 0.27

Competitive Comparison of Hangzhou Freely Communication Co's Debt-to-Asset

For the Telecom Services subindustry, Hangzhou Freely Communication 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.


Hangzhou Freely Communication Co's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hangzhou Freely Communication Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hangzhou Freely Communication Co's Debt-to-Asset falls into.



Hangzhou Freely Communication Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hangzhou Freely Communication 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
=(0.821 + 307.76) / 1691.555
=0.18

Hangzhou Freely Communication Co's Debt-to-Asset for the quarter that ended in Mar. 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
=(130.689 + 312.616) / 1659.468
=0.27

* 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.


Hangzhou Freely Communication Co  (SHSE:603602) 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.


Hangzhou Freely Communication Co Debt-to-Asset Related Terms

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


Hangzhou Freely Communication Co (SHSE:603602) Business Description

Traded in Other Exchanges
N/A
Address
No. 459, Momo Road, 24th Floor, Block B, Concentration Center, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310012
Hangzhou Freely Communication Co Ltd is a communication network technology service provider. It is mainly engaged in communication extension network construction, communication network generation and communication network optimization. The company's service portfolio consists of base station installation engineering services, indoor distribution system technical services, integrated access technology services and network generation services.
Executives
Wu Hai Tao Director
Wei Shi Chao Director
Lin Ai Hua Director
Su Wei Feng Director
Zhu Jin Long Director
Pu Shu Director
Jia Li Ming Director
Wu Jian Min Supervisors

Hangzhou Freely Communication Co (SHSE:603602) Headlines

No Headlines