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Shanghai Supezet Engineering Technology (SHSE:688121) Debt-to-Asset : 0.31 (As of Mar. 2024)


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What is Shanghai Supezet Engineering Technology Debt-to-Asset?

Shanghai Supezet Engineering Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥727 Mil. Shanghai Supezet Engineering Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,709 Mil. Shanghai Supezet Engineering Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,806 Mil. Shanghai Supezet Engineering Technology's debt to asset for the quarter that ended in Mar. 2024 was 0.31.


Shanghai Supezet Engineering Technology Debt-to-Asset Historical Data

The historical data trend for Shanghai Supezet Engineering Technology'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.

Shanghai Supezet Engineering Technology Debt-to-Asset Chart

Shanghai Supezet Engineering Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.04 0.13 0.11 0.20 0.31

Shanghai Supezet Engineering Technology Quarterly Data
Dec17 Dec18 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 0.25 0.29 0.30 0.31 0.31

Competitive Comparison of Shanghai Supezet Engineering Technology's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Shanghai Supezet Engineering Technology'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.


Shanghai Supezet Engineering Technology's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Supezet Engineering Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Supezet Engineering Technology's Debt-to-Asset falls into.



Shanghai Supezet Engineering Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Supezet Engineering Technology'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
=(719.112 + 1671.329) / 7649.033
=0.31

Shanghai Supezet Engineering Technology'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
=(727.498 + 1708.652) / 7806.159
=0.31

* 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.


Shanghai Supezet Engineering Technology  (SHSE:688121) 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.


Shanghai Supezet Engineering Technology Debt-to-Asset Related Terms

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Shanghai Supezet Engineering Technology (SHSE:688121) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Lane 268, Linxin Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Shanghai Supezet Engineering Technology Corp Ltd is engaged in providing design, manufacturing, installation and service for customers in petrochemical, oil refining, natural gas chemical and other fields.

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