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HengFeng Information Technology Co (SZSE:300605) Debt-to-Asset : 0.33 (As of Sep. 2024)


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What is HengFeng Information Technology Co Debt-to-Asset?

HengFeng Information Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥210.3 Mil. HengFeng Information Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥235.0 Mil. HengFeng Information Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥1,342.4 Mil. HengFeng Information Technology Co's debt to asset for the quarter that ended in Sep. 2024 was 0.33.


HengFeng Information Technology Co Debt-to-Asset Historical Data

The historical data trend for HengFeng Information 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.

HengFeng Information Technology Co Debt-to-Asset Chart

HengFeng Information 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 0.01 0.05 0.12 0.18 0.30

HengFeng Information Technology Co 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 0.28 0.30 0.29 0.30 0.33

Competitive Comparison of HengFeng Information Technology Co's Debt-to-Asset

For the Information Technology Services subindustry, HengFeng Information 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.


HengFeng Information Technology Co's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, HengFeng Information Technology Co's Debt-to-Asset distribution charts can be found below:

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



HengFeng Information Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HengFeng Information 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
=(187.044 + 225.684) / 1384.184
=0.30

HengFeng Information Technology Co'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
=(210.306 + 235.013) / 1342.371
=0.33

* 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.


HengFeng Information Technology Co  (SZSE:300605) 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.


HengFeng Information Technology Co Debt-to-Asset Related Terms

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HengFeng Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
Science and Technology Road East, Building 5, Haixi Innovation Park, Fuzhou, CHN, 350117
HengFeng Information Technology Co Ltd is a smart city, data center, and computer information system. It provides planning, design, software and innovation development, system integration, and management to customers in areas like livelihood, public safety, and urban services. The company operates in China region.
Executives
Luo Wen Wen Director
Chen Chao Xue Directors, executives
Ou Lin Jie Directors, executives
Wei Xiao Xi Director
Lin Wen Juan Supervisors
Yang Zhi Gang Directors, executives
Zheng Ming Supervisors
Zhao Yin Bao Executives
Lin Jian Director
Chen Fang Directors, Directors, and Executives

HengFeng Information Technology Co Headlines

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