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Guocheng Mining Co (SZSE:000688) Debt-to-Asset : 0.26 (As of Mar. 2024)


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What is Guocheng Mining Co Debt-to-Asset?

Guocheng Mining Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥551 Mil. Guocheng Mining Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,715 Mil. Guocheng Mining Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,756 Mil. Guocheng Mining Co's debt to asset for the quarter that ended in Mar. 2024 was 0.26.


Guocheng Mining Co Debt-to-Asset Historical Data

The historical data trend for Guocheng Mining 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.

Guocheng Mining Co Debt-to-Asset Chart

Guocheng Mining 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 - 0.20 0.17 0.22 0.25

Guocheng Mining 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 0.24 0.25 0.27 0.25 0.26

Competitive Comparison of Guocheng Mining Co's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Guocheng Mining 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.


Guocheng Mining Co's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guocheng Mining Co's Debt-to-Asset distribution charts can be found below:

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



Guocheng Mining Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Guocheng Mining 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
=(441.405 + 1757.638) / 8751.749
=0.25

Guocheng Mining 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
=(551.07 + 1715.432) / 8755.634
=0.26

* 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.


Guocheng Mining Co  (SZSE:000688) 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.


Guocheng Mining Co Debt-to-Asset Related Terms

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Guocheng Mining Co (SZSE:000688) Business Description

Traded in Other Exchanges
N/A
Address
No.164 Xinnan Road, Room 808, Crystal International, North New District, Chongqing, CHN, 401147
Guocheng Mining Co Ltd is a China-based company engaged in the production and sales of non-ferrous metal mining, mineral processing, and downstream sulfuric acid. The product portfolio of the company includes zinc concentrate, lead concentrate, and zinc ingots. In addition, the company also invests in the financial and environmental protection of new energy industries.

Guocheng Mining Co (SZSE:000688) Headlines

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