GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rare Earth Magnesium Technology Group Holdings Ltd (STU:GPS) » Definitions » Debt-to-Asset

Rare Earth Magnesium Technology Group Holdings (STU:GPS) Debt-to-Asset : 0.47 (As of Dec. 2023)


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

What is Rare Earth Magnesium Technology Group Holdings Debt-to-Asset?

Rare Earth Magnesium Technology Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €13.06 Mil. Rare Earth Magnesium Technology Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €67.02 Mil. Rare Earth Magnesium Technology Group Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €169.38 Mil. Rare Earth Magnesium Technology Group Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.47.


Rare Earth Magnesium Technology Group Holdings Debt-to-Asset Historical Data

The historical data trend for Rare Earth Magnesium Technology Group Holdings'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.

Rare Earth Magnesium Technology Group Holdings Debt-to-Asset Chart

Rare Earth Magnesium Technology Group Holdings Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.34 0.37 0.34 0.47

Rare Earth Magnesium Technology Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.37 0.39 0.34 0.38 0.47

Competitive Comparison of Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Rare Earth Magnesium Technology Group Holdings'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.


Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset falls into.



Rare Earth Magnesium Technology Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Rare Earth Magnesium Technology Group Holdings'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
=(13.06 + 67.02) / 169.377
=0.47

Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset for the quarter 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
=(13.06 + 67.02) / 169.377
=0.47

* 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.


Rare Earth Magnesium Technology Group Holdings  (STU:GPS) 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.


Rare Earth Magnesium Technology Group Holdings Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Rare Earth Magnesium Technology Group Holdings's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Rare Earth Magnesium Technology Group Holdings (STU:GPS) Business Description

Traded in Other Exchanges
Address
The Gateway, 16th Floor, Tower 5, Tsim Sha Tsui, Kowloon, Harbour city, Hong Kong, HKG
Rare Earth Magnesium Technology Group Holdings Ltd is to develop, produce and sell magnesium alloy series products. The company is principally engaged in one single segment, which is manufacturing and selling magnesium-related products. The company's products include magnesium ingots, semi-coke, and ferroalloy. Geographically, it derives the majority of its revenue from Mainland China and also has a presence in Europe.