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Shenzhen Jove Enterprise (SZSE:300814) Debt-to-Asset : 0.29 (As of Mar. 2024)


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What is Shenzhen Jove Enterprise Debt-to-Asset?

Shenzhen Jove Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥143 Mil. Shenzhen Jove Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥514 Mil. Shenzhen Jove Enterprise's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,250 Mil. Shenzhen Jove Enterprise's debt to asset for the quarter that ended in Mar. 2024 was 0.29.


Shenzhen Jove Enterprise Debt-to-Asset Historical Data

The historical data trend for Shenzhen Jove Enterprise'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.

Shenzhen Jove Enterprise Debt-to-Asset Chart

Shenzhen Jove Enterprise Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.05 0.05 0.04 0.03 0.27

Shenzhen Jove Enterprise Quarterly Data
Dec18 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 0.03 0.03 0.06 0.27 0.29

Competitive Comparison of Shenzhen Jove Enterprise's Debt-to-Asset

For the Electronic Components subindustry, Shenzhen Jove Enterprise'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.


Shenzhen Jove Enterprise's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Jove Enterprise's Debt-to-Asset distribution charts can be found below:

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



Shenzhen Jove Enterprise Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shenzhen Jove Enterprise'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
=(111.453 + 499.193) / 2262.375
=0.27

Shenzhen Jove Enterprise'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
=(143.179 + 513.936) / 2250.297
=0.29

* 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.


Shenzhen Jove Enterprise  (SZSE:300814) 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.


Shenzhen Jove Enterprise Debt-to-Asset Related Terms

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Shenzhen Jove Enterprise (SZSE:300814) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Xingye Road, Shajing Street, Heyi Community and Second Industrial Zone, Baoan District, Guangdong, Shenzhen, CHN, 518104
Shenzhen Jove Enterprise Ltd is engaged in the printed circuit board development, production and sales. The products include heavy copper coil board, high frequency high speed board, metal core, rigid-flex, flexible multilayer board and others. It is widely applied to power and energy, telecom and datacom, automotive electronics, industrial control, security and medical industry.

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