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Guizhou Aviation Technical Development Co (SHSE:688239) Debt-to-Asset : 0.24 (As of Jun. 2024)


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What is Guizhou Aviation Technical Development Co Debt-to-Asset?

Guizhou Aviation Technical Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥519 Mil. Guizhou Aviation Technical Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥332 Mil. Guizhou Aviation Technical Development Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ¥3,510 Mil. Guizhou Aviation Technical Development Co's debt to asset for the quarter that ended in Jun. 2024 was 0.24.


Guizhou Aviation Technical Development Co Debt-to-Asset Historical Data

The historical data trend for Guizhou Aviation Technical Development 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.

Guizhou Aviation Technical Development Co Debt-to-Asset Chart

Guizhou Aviation Technical Development Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.35 0.32 0.20 0.24 0.22

Guizhou Aviation Technical Development Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.22 0.21 0.22 0.22 0.24

Competitive Comparison of Guizhou Aviation Technical Development Co's Debt-to-Asset

For the Aerospace & Defense subindustry, Guizhou Aviation Technical Development 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.


Guizhou Aviation Technical Development Co's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Guizhou Aviation Technical Development Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Guizhou Aviation Technical Development Co's Debt-to-Asset falls into.



Guizhou Aviation Technical Development Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Guizhou Aviation Technical Development 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
=(420.179 + 324.909) / 3408.826
=0.22

Guizhou Aviation Technical Development Co's Debt-to-Asset for the quarter that ended in Jun. 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
=(518.596 + 332.257) / 3510.461
=0.24

* 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.


Guizhou Aviation Technical Development Co  (SHSE:688239) 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.


Guizhou Aviation Technical Development Co Debt-to-Asset Related Terms

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Guizhou Aviation Technical Development Co Business Description

Traded in Other Exchanges
N/A
Address
Shangbashan Road, Jinyang Science and Technology Industrial Park, Guiyang National High-tech Industrial Development, Guizhou Province, Guiyang, CHN, 550081
Guizhou Aviation Technical Development Co Ltd is engaged in the research and development, production and sales of annular forgings of difficult-to-deform aerospace metal materials. Its products are mainly used in domestic aircraft engines, gas turbines, space launch vehicles, missiles and other high-end equipment fields.
Executives
Yang Jia Dian Core technical personnel
Wang Hua Dong Senior management, core technical personnel
Liu Chao Hui Directors, senior managers
Song Jie Supervisors

Guizhou Aviation Technical Development Co Headlines

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