Shengtak New Material Co (SZSE:300881) Debt-to-Asset : 0.24 (As of Mar. 2025)

Shengtak New Material Co Debt-to-Asset Chart

Shengtak New Material Co Annual Data
	Trend	Dec14	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Debt-to-Asset		Get a 7-Day Free Trial					0.11	0.17	0.10	0.21	0.25

Shengtak New Material Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Asset	Get a 7-Day Free Trial															0.22	0.24	0.23	0.25	0.24

Competitive Comparison of Shengtak New Material Co's Debt-to-Asset

For the Steel subindustry, Shengtak New Material 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.

Shengtak New Material Co's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shengtak New Material Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shengtak New Material Co's Debt-to-Asset falls into.

Shengtak New Material Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shengtak New Material Co's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Shengtak New Material Co's Debt-to-Asset for the quarter that ended in Mar. 2025 is calculated as

* 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.

Shengtak New Material Co  (SZSE:300881) 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.

Shengtak New Material Co Debt-to-Asset Related Terms

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Shengtak New Material Co Business Description