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Wuxi JinYang New Materials Co (SZSE:301210) Debt-to-Asset : 0.03 (As of Sep. 2024)


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What is Wuxi JinYang New Materials Co Debt-to-Asset?

Wuxi JinYang New Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥36 Mil. Wuxi JinYang New Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥31 Mil. Wuxi JinYang New Materials Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥2,420 Mil. Wuxi JinYang New Materials Co's debt to asset for the quarter that ended in Sep. 2024 was 0.03.


Wuxi JinYang New Materials Co Debt-to-Asset Historical Data

The historical data trend for Wuxi JinYang New Materials 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.

Wuxi JinYang New Materials Co Debt-to-Asset Chart

Wuxi JinYang New Materials Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.34 0.25 0.23 0.26 0.02

Wuxi JinYang New Materials Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 0.03 0.02 0.01 0.03 0.03

Competitive Comparison of Wuxi JinYang New Materials Co's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Wuxi JinYang New Materials 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.


Wuxi JinYang New Materials Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi JinYang New Materials Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wuxi JinYang New Materials Co's Debt-to-Asset falls into.



Wuxi JinYang New Materials Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxi JinYang New Materials Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Wuxi JinYang New Materials 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
=(35.908 + 30.524) / 2420.484
=0.03

* 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.


Wuxi JinYang New Materials Co  (SZSE:301210) 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.


Wuxi JinYang New Materials Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Wuxi JinYang New Materials Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi JinYang New Materials Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Ganlu Xigan Road, Ehu Town, Xishan, Jiangsu, Wuxi, CHN, 214117
Wuxi JinYang New Materials Co Ltd is engaged in research & development, production and sales of battery precision structural parts and materials. Its main products are battery packaging shells, safety valves, and nickel-based conductor materials. The company is one of the leading manufacturers of battery precision structural parts and materials in China. Its products are Steel cases for cylindrical batteries, Cylindrical lithium caps, Aluminum shells for square power lithium batteries, Square lithium battery covers, and Ultra-precision cold rolled nickel strips and foil.

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