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United Faith Auto Engineering Co (SZSE:301112) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is United Faith Auto Engineering Co Debt-to-Asset?

United Faith Auto Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13.1 Mil. United Faith Auto Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥16.2 Mil. United Faith Auto Engineering Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,607.1 Mil. United Faith Auto Engineering Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


United Faith Auto Engineering Co Debt-to-Asset Historical Data

The historical data trend for United Faith Auto Engineering 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.

United Faith Auto Engineering Co Debt-to-Asset Chart

United Faith Auto Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.02 0.02 0.01 0.01 0.02

United Faith Auto Engineering Co Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 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 0.02 0.01 0.02 0.02 0.02

Competitive Comparison of United Faith Auto Engineering Co's Debt-to-Asset

For the Auto Parts subindustry, United Faith Auto Engineering 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.


United Faith Auto Engineering Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, United Faith Auto Engineering Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where United Faith Auto Engineering Co's Debt-to-Asset falls into.



United Faith Auto Engineering Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

United Faith Auto Engineering 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
=(7.198 + 21.044) / 1662.263
=0.02

United Faith Auto Engineering 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
=(13.065 + 16.189) / 1607.107
=0.02

* 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.


United Faith Auto Engineering Co  (SZSE:301112) 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.


United Faith Auto Engineering Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of United Faith Auto Engineering Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


United Faith Auto Engineering Co (SZSE:301112) Business Description

Traded in Other Exchanges
N/A
Address
North side of Checheng Avenue, Auto City, Huadu District, Guangdong Province, Guangzhou, CHN, 510800
United Faith Auto Engineering Co Ltd is engaged in the research and development, Design, manufacturing, assembly and sales of automotive intelligence, automated production lines and complete sets of equipment.

United Faith Auto Engineering Co (SZSE:301112) Headlines

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