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Zhejiang Jiaxin Silk (SZSE:002404) Debt-to-Asset : 0.22 (As of Sep. 2024)


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What is Zhejiang Jiaxin Silk Debt-to-Asset?

Zhejiang Jiaxin Silk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥697 Mil. Zhejiang Jiaxin Silk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥15 Mil. Zhejiang Jiaxin Silk's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,316 Mil. Zhejiang Jiaxin Silk's debt to asset for the quarter that ended in Sep. 2024 was 0.21.


Zhejiang Jiaxin Silk Debt-to-Asset Historical Data

The historical data trend for Zhejiang Jiaxin Silk'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.

Zhejiang Jiaxin Silk Debt-to-Asset Chart

Zhejiang Jiaxin Silk 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 0.21 0.22 0.34 0.22 0.23

Zhejiang Jiaxin Silk 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 0.26 0.23 0.28 0.27 0.22

Competitive Comparison of Zhejiang Jiaxin Silk's Debt-to-Asset

For the Apparel Manufacturing subindustry, Zhejiang Jiaxin Silk'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.


Zhejiang Jiaxin Silk's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Jiaxin Silk's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiaxin Silk's Debt-to-Asset falls into.



Zhejiang Jiaxin Silk Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhejiang Jiaxin Silk'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
=(827.977 + 1.291) / 3556.275
=0.23

Zhejiang Jiaxin Silk'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
=(697.112 + 14.84) / 3315.802
=0.21

* 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.


Zhejiang Jiaxin Silk  (SZSE:002404) 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.


Zhejiang Jiaxin Silk Debt-to-Asset Related Terms

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Zhejiang Jiaxin Silk Business Description

Traded in Other Exchanges
N/A
Address
The Silk Building No. 22, Zhongshan Road, Zhejiang Province, Jiaxing, CHN
Zhejiang Jiaxin Silk Corp Ltd is a Chinese silk house. It is engaged in the manufacture of high-grade silk, silk, and clothing. It produces and sales silkworm cocoons, silk, weaving, printing and dyeing, knitting and garments.
Executives
Zhou Guo Jian Director
Han Shuo Directors, executives
Zhou Qing Rong Supervisors
Gu Qun Director
Feng Jian Ping Executives
Zhang Ning Supervisors
Zhu Jian Yong Supervisors
Zheng Xiao Directors, Directors, and Executives
Shen Yu Qi Executives
Xu Hong Directors, executives
Hu Chuan Guo Director

Zhejiang Jiaxin Silk Headlines

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