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Jiangsu Alcha Aluminium Group Co (SZSE:002160) Debt-to-Asset : 0.33 (As of Mar. 2024)


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What is Jiangsu Alcha Aluminium Group Co Debt-to-Asset?

Jiangsu Alcha Aluminium Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,282 Mil. Jiangsu Alcha Aluminium Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,389 Mil. Jiangsu Alcha Aluminium Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,082 Mil. Jiangsu Alcha Aluminium Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.33.


Jiangsu Alcha Aluminium Group Co Debt-to-Asset Historical Data

The historical data trend for Jiangsu Alcha Aluminium Group 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.

Jiangsu Alcha Aluminium Group Co Debt-to-Asset Chart

Jiangsu Alcha Aluminium Group 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 0.33 0.31 0.31 0.34 0.32

Jiangsu Alcha Aluminium Group 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 0.32 0.32 0.33 0.32 0.33

Competitive Comparison of Jiangsu Alcha Aluminium Group Co's Debt-to-Asset

For the Aluminum subindustry, Jiangsu Alcha Aluminium Group 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.


Jiangsu Alcha Aluminium Group Co's Debt-to-Asset Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Jiangsu Alcha Aluminium Group Co's Debt-to-Asset falls into.



Jiangsu Alcha Aluminium Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jiangsu Alcha Aluminium Group 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
=(1138.045 + 1415.127) / 7884.562
=0.32

Jiangsu Alcha Aluminium Group 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
=(1282.044 + 1388.847) / 8082.063
=0.33

* 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.


Jiangsu Alcha Aluminium Group Co  (SZSE:002160) 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.


Jiangsu Alcha Aluminium Group Co Debt-to-Asset Related Terms

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Jiangsu Alcha Aluminium Group Co (SZSE:002160) Business Description

Traded in Other Exchanges
N/A
Address
West Baimao, Guli Town, Jiangsu, Changshu, CHN, 215532
Jiangsu Alcha Aluminium Group Co Ltd engages in the research and development, production, processing, and sale of aluminum foils, coated aluminum foils for an air conditioner, and aluminum strips and plates in China and internationally. Some of its products include fin stock for an air conditioner, aluminum non-clad and clad materials for a heat exchanger of an automobile, PS plates, blind stock and aluminum alloy sheets.

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