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Changjiang Runfa Health Industry Co (SZSE:002435) Debt-to-Asset : 0.27 (As of Mar. 2024)


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What is Changjiang Runfa Health Industry Co Debt-to-Asset?

Changjiang Runfa Health Industry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,811 Mil. Changjiang Runfa Health Industry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥472 Mil. Changjiang Runfa Health Industry Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,566 Mil. Changjiang Runfa Health Industry Co's debt to asset for the quarter that ended in Mar. 2024 was 0.27.


Changjiang Runfa Health Industry Co Debt-to-Asset Historical Data

The historical data trend for Changjiang Runfa Health Industry 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.

Changjiang Runfa Health Industry Co Debt-to-Asset Chart

Changjiang Runfa Health Industry 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 0.15 0.18 0.20 0.25 0.28

Changjiang Runfa Health Industry 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 0.26 0.26 0.27 0.28 0.27

Competitive Comparison of Changjiang Runfa Health Industry Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Changjiang Runfa Health Industry 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.


Changjiang Runfa Health Industry Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Changjiang Runfa Health Industry Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Changjiang Runfa Health Industry Co's Debt-to-Asset falls into.



Changjiang Runfa Health Industry Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Changjiang Runfa Health Industry 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
=(1877.799 + 527.156) / 8716.879
=0.28

Changjiang Runfa Health Industry 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
=(1810.757 + 472.334) / 8566.13
=0.27

* 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.


Changjiang Runfa Health Industry Co  (SZSE:002435) 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.


Changjiang Runfa Health Industry Co Debt-to-Asset Related Terms

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Changjiang Runfa Health Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Town of Chen Feng Feng Road, Jiangsu Province, Zhangjiagang City, CHN, 215631
Changjiang Runfa Health Industry Co Ltd, formerly Changjiang Runfa Medicine Co Ltd is a manufacturer of elevator system components. Its main components in the elevator guide system development, production, sales, and service. The company's products include solid rails and rail blank, hollow guide rail, elevator guide rail, connecting plates, pressing the elevator guides and other components.
Executives
Huang Zhong He Director
Qiu Qi Qin Director
Lu Bin Directors, executives
Yu Xia Qiu Director
Yu Quan He Director
Shen Jian Executives

Changjiang Runfa Health Industry Co Headlines

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