Red Phase (SZSE:300427) Debt-to-Asset : 0.36 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Red Phase Debt-to-Asset?

Red Phase's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥392.6 Mil. Red Phase's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥556.3 Mil. Red Phase's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,622.8 Mil. Red Phase's debt to asset for the quarter that ended in Mar. 2024 was 0.36.

Red Phase Debt-to-Asset Historical Data

The historical data trend for Red Phase'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.

Red Phase Debt-to-Asset Chart

Red Phase Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.34

0.40

0.35

0.39

0.42

Red Phase 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															0.41	0.40	0.39	0.42	0.36

Competitive Comparison of Red Phase's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Red Phase'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.

Red Phase's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Red Phase's Debt-to-Asset distribution charts can be found below:

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

Red Phase Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Red Phase'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
	=	(499.504	+	670.571)	/	2763.016
	=	0.42

Red Phase'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
	=	(392.559	+	556.341)	/	2622.835
	=	0.36

Red Phase (SZSE:300427) 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.

Red Phase Debt-to-Asset Related Terms

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

Red Phase (SZSE:300427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Red Phase Inc (SZSE:300427) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Unit 1002, No. 3, Nantou Road, Siming District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.redphase.com.cn

Red Phase Inc is engaged in the research and application of power system state maintenance technology. It provides its customers with various solutions for power grid state maintenance and intelligent operation.

Red Phase (SZSE:300427) Headlines

No Headlines