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Shanghai National Center of Testing & Inspection for Electric Cable & Wire (SZSE:301289) Debt-to-Asset : 0.10 (As of Jun. 2024)


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What is Shanghai National Center of Testing & Inspection for Electric Cable & Wire Debt-to-Asset?

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥19.8 Mil. Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥99.4 Mil. Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ¥1,248.0 Mil. Shanghai National Center of Testing & Inspection for Electric Cable & Wire's debt to asset for the quarter that ended in Jun. 2024 was 0.10.


Shanghai National Center of Testing & Inspection for Electric Cable & Wire Debt-to-Asset Historical Data

The historical data trend for Shanghai National Center of Testing & Inspection for Electric Cable & Wire'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 National Center of Testing & Inspection for Electric Cable & Wire Debt-to-Asset Chart

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - - 0.18 0.10 0.10

Shanghai National Center of Testing & Inspection for Electric Cable & Wire Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Debt-to-Asset

For the Specialty Business Services subindustry, Shanghai National Center of Testing & Inspection for Electric Cable & Wire'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 National Center of Testing & Inspection for Electric Cable & Wire's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Debt-to-Asset falls into.



Shanghai National Center of Testing & Inspection for Electric Cable & Wire Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai National Center of Testing & Inspection for Electric Cable & Wire'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
=(14.732 + 103.835) / 1223.804
=0.10

Shanghai National Center of Testing & Inspection for Electric Cable & Wire's Debt-to-Asset for the quarter that ended in Jun. 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
=(19.833 + 99.447) / 1248.043
=0.10

* 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 National Center of Testing & Inspection for Electric Cable & Wire  (SZSE:301289) 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 National Center of Testing & Inspection for Electric Cable & Wire Debt-to-Asset Related Terms

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Shanghai National Center of Testing & Inspection for Electric Cable & Wire Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Zhenchen Road, Baoshan District, Shanghai, CHN, 200444
Shanghai National Center of Testing & Inspection for Electric Cable & Wire is involved in the testing and inspection services for wire, cable and fiber optic cables. The main business scope includes testing, calibration, inspection, proficiency testing, 3C certification and production license testing, engineering application technical services, standardization services and others.

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