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Xinxiang Chemical Fibre Co (SZSE:000949) Debt-to-Asset : 0.35 (As of Sep. 2024)


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What is Xinxiang Chemical Fibre Co Debt-to-Asset?

Xinxiang Chemical Fibre Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,972 Mil. Xinxiang Chemical Fibre Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥2,745 Mil. Xinxiang Chemical Fibre Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥13,330 Mil. Xinxiang Chemical Fibre Co's debt to asset for the quarter that ended in Sep. 2024 was 0.35.


Xinxiang Chemical Fibre Co Debt-to-Asset Historical Data

The historical data trend for Xinxiang Chemical Fibre 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.

Xinxiang Chemical Fibre Co Debt-to-Asset Chart

Xinxiang Chemical Fibre 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 0.41 0.46 0.32 0.38 0.37

Xinxiang Chemical Fibre 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 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 0.37 0.39 0.35 0.35

Competitive Comparison of Xinxiang Chemical Fibre Co's Debt-to-Asset

For the Textile Manufacturing subindustry, Xinxiang Chemical Fibre 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.


Xinxiang Chemical Fibre Co's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Xinxiang Chemical Fibre Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xinxiang Chemical Fibre Co's Debt-to-Asset falls into.



Xinxiang Chemical Fibre Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xinxiang Chemical Fibre 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
=(1871.629 + 2530.074) / 11993.241
=0.37

Xinxiang Chemical Fibre 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
=(1972.1 + 2744.513) / 13329.659
=0.35

* 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.


Xinxiang Chemical Fibre Co  (SZSE:000949) 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.


Xinxiang Chemical Fibre Co Debt-to-Asset Related Terms

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Xinxiang Chemical Fibre Co Business Description

Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Xinxiang Chemical Fibre Co Ltd is engaged in chemical fiber manufacturing. The company is mainly engaged in the production and sales of chemical fibers, and its main products include biomass cellulose filament and spandex fiber. Biomass cellulose filament is a regenerated fiber, which is made of cotton pulp, wood pulp meal, or other natural fibers as raw materials. Spandex is a polyurethane elastic fiber with excellent elasticity, corrosion resistance, heat resistance, and tear resistance. The company generates the majority of its revenue from the sale of spandex fiber.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co Headlines

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