Tianjin Teda Co (SZSE:000652) Debt-to-Asset : 0.48 (As of Sep. 2024)

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What is Tianjin Teda Co Debt-to-Asset?

Tianjin Teda Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥14,237 Mil. Tianjin Teda Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥6,129 Mil. Tianjin Teda Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥42,498 Mil. Tianjin Teda Co's debt to asset for the quarter that ended in Sep. 2024 was 0.48.

Tianjin Teda Co Debt-to-Asset Historical Data

The historical data trend for Tianjin Teda 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.

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Tianjin Teda Co Debt-to-Asset Chart

Tianjin Teda Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.37

0.41

0.39

0.38

0.48

Tianjin Teda Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.39	0.48	0.50	0.48	0.48

Competitive Comparison of Tianjin Teda Co's Debt-to-Asset

For the Conglomerates subindustry, Tianjin Teda 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.

Tianjin Teda Co's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tianjin Teda Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tianjin Teda Co's Debt-to-Asset falls into.

Tianjin Teda Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tianjin Teda 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
	=	(13920.461	+	5755.074)	/	41195.093
	=	0.48

Tianjin Teda 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
	=	(14236.733	+	6129.205)	/	42497.628
	=	0.48

Tianjin Teda Co (SZSE:000652) 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.

Tianjin Teda Co Debt-to-Asset Related Terms

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Tianjin Teda Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tianjin Teda Co Ltd (SZSE:000652) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

No. 62, Second Avenue, Binhai New Area, 16th Floor, MSD-B1, TEDA, Tianjin, CHN

Website

http://www.tedastock.com

Tianjin Teda Co Ltd is a China-based company engaged in the business of different sectors such as eco-friendly sector, regional development sector, energy trading sector, clean material sector and equity investment sector. In the eco-friendly sector, the company is involved in the provision of waste management services such as burial repair and utilization, domestic garbage collection and transportation, carry out services such as harmless treatment of domestic garbage, waste incineration power generation and others. In the energy trading sector, the company is involved in the wholesale of refined oil products, petrochemical products production and processing, warehousing trade business.

Executives

Chen Chong	Supervisors
Li Zhe	Supervisors
Yu Ji Hai	Supervisors
Bei Rui Chen	Executives
Xu Yu Cai	Director
Zhao Shu Xin	Supervisors
Liu Hui Wen	Director
Li Guang Yi	Executives

Tianjin Teda Co Headlines

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