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Shanghai Rychen Technologies Co (SZSE:301273) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is Shanghai Rychen Technologies Co Debt-to-Asset?

Shanghai Rychen Technologies Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13.6 Mil. Shanghai Rychen Technologies Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1.7 Mil. Shanghai Rychen Technologies Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,269.3 Mil. Shanghai Rychen Technologies Co's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


Shanghai Rychen Technologies Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Rychen Technologies 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.

Shanghai Rychen Technologies Co Debt-to-Asset Chart

Shanghai Rychen Technologies Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.14 0.10 0.13 0.04 0.01

Shanghai Rychen Technologies Co Quarterly Data
Dec18 Dec19 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 0.04 0.03 0.01 0.01 0.01

Competitive Comparison of Shanghai Rychen Technologies Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Shanghai Rychen Technologies 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.


Shanghai Rychen Technologies Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Rychen Technologies Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Rychen Technologies Co's Debt-to-Asset falls into.



Shanghai Rychen Technologies Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Rychen Technologies 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
=(7.94 + 2.459) / 1257.322
=0.01

Shanghai Rychen Technologies 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
=(13.59 + 1.733) / 1269.32
=0.01

* 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.


Shanghai Rychen Technologies Co  (SZSE:301273) 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.


Shanghai Rychen Technologies Co Debt-to-Asset Related Terms

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Shanghai Rychen Technologies Co (SZSE:301273) Business Description

Traded in Other Exchanges
N/A
Address
No. 358, Shenxia Road, Area C, Building 3, Jiading District, Shanghai, CHN, 201822
Shanghai Rychen Technologies Co Ltd is engaged in the research and development, design, production and sales of high-efficiency and energy-saving equipment.
Executives
Lv Zeng Li Supervisors

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