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CNFC Overseas Fisheries Co (SZSE:000798) Debt-to-Asset : 0.47 (As of Mar. 2024)


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What is CNFC Overseas Fisheries Co Debt-to-Asset?

CNFC Overseas Fisheries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,247 Mil. CNFC Overseas Fisheries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,687 Mil. CNFC Overseas Fisheries Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,245 Mil. CNFC Overseas Fisheries Co's debt to asset for the quarter that ended in Mar. 2024 was 0.47.


CNFC Overseas Fisheries Co Debt-to-Asset Historical Data

The historical data trend for CNFC Overseas Fisheries 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.

CNFC Overseas Fisheries Co Debt-to-Asset Chart

CNFC Overseas Fisheries 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 0.03 0.12 0.08 0.03 0.41

CNFC Overseas Fisheries 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 0.05 0.10 0.29 0.41 0.47

Competitive Comparison of CNFC Overseas Fisheries Co's Debt-to-Asset

For the Packaged Foods subindustry, CNFC Overseas Fisheries 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.


CNFC Overseas Fisheries Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CNFC Overseas Fisheries Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CNFC Overseas Fisheries Co's Debt-to-Asset falls into.



CNFC Overseas Fisheries Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CNFC Overseas Fisheries 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
=(843.579 + 1616.451) / 5950.01
=0.41

CNFC Overseas Fisheries 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
=(1247.281 + 1687.116) / 6244.927
=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.


CNFC Overseas Fisheries Co  (SZSE:000798) 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.


CNFC Overseas Fisheries Co Debt-to-Asset Related Terms

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CNFC Overseas Fisheries Co (SZSE:000798) Business Description

Traded in Other Exchanges
N/A
Address
No. 31 Minfeng Hutong, Xicheng District, 6th Floor, Zhongshui Building, Beijing, CHN, 100032
CNFC Overseas Fisheries Co Ltd is a China-based company mainly engaged in distant water fishing operation and international economic and trading cooperation. It owns various ocean-going fishing vessels and carries out fishing operations in the Pacific Ocean, Indian Ocean, and the Atlantic Ocean. Its product offerings include squid from Argentina and Peru, saury, tuna, and by-catches as well as associated processed marine products. The company is also engaged in aquatic products trading, ship repair, import and export of fishing machinery, gears, other related equipment, and supplies.

CNFC Overseas Fisheries Co (SZSE:000798) Headlines

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