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Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Debt-to-Asset : 0.18 (As of Mar. 2024)


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What is Zhangjiagang Zhonghuan Hailu High-end Equipment Co Debt-to-Asset?

Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.4 Mil. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥298.7 Mil. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,652.0 Mil. Zhangjiagang Zhonghuan Hailu High-end Equipment Co's debt to asset for the quarter that ended in Mar. 2024 was 0.18.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co Debt-to-Asset Historical Data

The historical data trend for Zhangjiagang Zhonghuan Hailu High-end Equipment 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.

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Debt-to-Asset Chart

Zhangjiagang Zhonghuan Hailu High-end Equipment Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.05 0.01 - 0.14 0.17

Zhangjiagang Zhonghuan Hailu High-end Equipment Co 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 0.16 0.17 0.17 0.17 0.18

Competitive Comparison of Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Debt-to-Asset

For the Metal Fabrication subindustry, Zhangjiagang Zhonghuan Hailu High-end Equipment 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.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhangjiagang Zhonghuan Hailu High-end Equipment Co's Debt-to-Asset falls into.



Zhangjiagang Zhonghuan Hailu High-end Equipment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhangjiagang Zhonghuan Hailu High-end Equipment 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
=(0.816 + 292.016) / 1681.487
=0.17

Zhangjiagang Zhonghuan Hailu High-end Equipment Co'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
=(0.36 + 298.684) / 1651.999
=0.18

* 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.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co  (SZSE:301040) 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.


Zhangjiagang Zhonghuan Hailu High-end Equipment Co Debt-to-Asset Related Terms

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Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Business Description

Traded in Other Exchanges
N/A
Address
Hexing Huashan Road, Jinfeng Town, Jiangsu Province, Zhangjiagang, CHN, 215626
Zhangjiagang Zhonghuan Hailu High-end Equipment Co Ltd is engaged in the research and development, production and sales of industrial metal forgings. The company's main products include bearing forgings, flange forgings, ring gear forgings and other industrial metal forgings.
Executives
Song Ya Dong Directors, executives
Zhang Li Ping Supervisors
Zhu Qian Hao Directors, executives
Dai Yu Tong Directors, executives

Zhangjiagang Zhonghuan Hailu High-end Equipment Co (SZSE:301040) Headlines

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