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Xiamen East Asia Machinery Co (SZSE:301028) Debt-to-Asset : 0.05 (As of Sep. 2024)


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What is Xiamen East Asia Machinery Co Debt-to-Asset?

Xiamen East Asia Machinery Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥0 Mil. Xiamen East Asia Machinery Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥113 Mil. Xiamen East Asia Machinery Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥2,250 Mil. Xiamen East Asia Machinery Co's debt to asset for the quarter that ended in Sep. 2024 was 0.05.


Xiamen East Asia Machinery Co Debt-to-Asset Historical Data

The historical data trend for Xiamen East Asia Machinery 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.

Xiamen East Asia Machinery Co Debt-to-Asset Chart

Xiamen East Asia Machinery Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 - - 0.01

Xiamen East Asia Machinery 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 - 0.01 0.02 0.03 0.05

Competitive Comparison of Xiamen East Asia Machinery Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Xiamen East Asia Machinery 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.


Xiamen East Asia Machinery Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xiamen East Asia Machinery Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xiamen East Asia Machinery Co's Debt-to-Asset falls into.



Xiamen East Asia Machinery Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xiamen East Asia Machinery Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Xiamen East Asia Machinery 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
=(0.112 + 112.7) / 2250.428
=0.05

* 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.


Xiamen East Asia Machinery Co  (SZSE:301028) 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.


Xiamen East Asia Machinery Co Debt-to-Asset Related Terms

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Xiamen East Asia Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No.611, Xike Street, Xike Town, Tong'an District, Fujian Province, Xiamen, CHN, 361100
Xiamen East Asia Machinery Co Ltd is engaged in the research and development, production and sales of complete air compressors and supporting equipment.

Xiamen East Asia Machinery Co Headlines

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