Adama (SZSE:200553) Debt-to-Asset : 0.33 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Adama Debt-to-Asset?

Adama's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$8,004 Mil. Adama's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$11,619 Mil. Adama's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was HK$59,424 Mil. Adama's debt to asset for the quarter that ended in Mar. 2024 was 0.33.

Adama Debt-to-Asset Historical Data

The historical data trend for Adama'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.

Adama Debt-to-Asset Chart

Adama Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.27

0.29

0.33

Adama 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															0.34	0.34	0.34	0.33	0.33

Competitive Comparison of Adama's Debt-to-Asset

For the Agricultural Inputs subindustry, Adama'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.

Adama's Debt-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Adama's Debt-to-Asset distribution charts can be found below:

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

Adama Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Adama'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
	=	(8784.587	+	11266.821)	/	60601.697
	=	0.33

Adama'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
	=	(8004.495	+	11618.946)	/	59423.663
	=	0.33

Adama (SZSE:200553) 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.

Adama Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Adama's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Adama (SZSE:200553) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Adama Ltd (SZSE:200553) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

000553:China

Address

No. 93, East Beijing Road, Hubei, Jingzhou, CHN, 434001

Website

https://www.adama.com

Adama Ltd produces farm chemicals for crop protection. It operates in two segments: Crop Protection and Intermediates & ingredients. The Crop Protection segment includes the manufacture and marketing of conventional agrochemical products and operations in the seeds sector. The intermediates & ingredients segment includes a large number of sub-fields, including Lycopan (an oxidization retardant), aromatic products, and other chemicals. The firm generates the vast majority of its revenue from the Crop Protection segment. Its geographical segments are Europe; Latin America; North America; Africa, Middle East, and India; and the Asia Pacific.

Adama (SZSE:200553) Headlines

No Headlines