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Holitech Technology Co (SZSE:002217) Debt-to-Asset : 1.09 (As of Mar. 2024)


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What is Holitech Technology Co Debt-to-Asset?

Holitech Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,992 Mil. Holitech Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥579 Mil. Holitech Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,974 Mil. Holitech Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 1.09.


Holitech Technology Co Debt-to-Asset Historical Data

The historical data trend for Holitech Technology 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.

Holitech Technology Co Debt-to-Asset Chart

Holitech Technology 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 0.26 0.33 0.39 0.47 0.94

Holitech Technology 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 0.40 0.41 0.44 0.94 1.09

Competitive Comparison of Holitech Technology Co's Debt-to-Asset

For the Chemicals subindustry, Holitech Technology 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.


Holitech Technology Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Holitech Technology Co's Debt-to-Asset distribution charts can be found below:

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



Holitech Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Holitech Technology 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
=(6675.646 + 540.036) / 7645.05
=0.94

Holitech Technology 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
=(6992.369 + 579.465) / 6973.838
=1.09

* 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.


Holitech Technology Co  (SZSE:002217) 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.


Holitech Technology Co Debt-to-Asset Related Terms

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Holitech Technology Co (SZSE:002217) Business Description

Traded in Other Exchanges
N/A
Address
No. 36, Dongfeng Road, Wuyuan County, Shandong Province, Zibo, CHN, 256120
Holitech Technology Co Ltd Ltd is engaged in the manufacture and sale of non-organic chemical products and chemical fertilizers. It is also engaged in development of electronic touch products.
Executives
Chen Hai Yuan Securities Affairs Representative
Wen Kai Fu Director
Wang Yuan Kun Director
Ceng Xiao Li Supervisors
Wang Yi Ming Director
Wang Ling Hong Supervisors
Li De Jun Directors, executives
Wang Chong De Supervisors
Fang Jing Directors, executives
Pang Shi Sen Directors, executives
Liu Zhu Qing Director
Zhao Xi Yun Director
Qi Yuan Shan Supervisors

Holitech Technology Co (SZSE:002217) Headlines

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