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Hydsoft Technology Co (SZSE:301316) Debt-to-Asset : 0.08 (As of Mar. 2024)


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What is Hydsoft Technology Co Debt-to-Asset?

Hydsoft Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥43 Mil. Hydsoft Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥82 Mil. Hydsoft Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,528 Mil. Hydsoft Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.08.


Hydsoft Technology Co Debt-to-Asset Historical Data

The historical data trend for Hydsoft Technology 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.

Hydsoft Technology Co Debt-to-Asset Chart

Hydsoft Technology Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.22 0.09 0.09 0.05 0.08

Hydsoft Technology Co Quarterly Data
Dec13 Dec14 Dec18 Dec19 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 0.05 0.12 0.11 0.08 0.08

Competitive Comparison of Hydsoft Technology Co's Debt-to-Asset

For the Information Technology Services subindustry, Hydsoft Technology 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.


Hydsoft Technology Co's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hydsoft Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hydsoft Technology Co's Debt-to-Asset falls into.



Hydsoft Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hydsoft Technology 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
=(49.316 + 81.32) / 1558.883
=0.08

Hydsoft Technology 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
=(42.972 + 81.654) / 1527.972
=0.08

* 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.


Hydsoft Technology Co  (SZSE:301316) 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.


Hydsoft Technology Co Debt-to-Asset Related Terms

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Hydsoft Technology Co (SZSE:301316) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Liangzhan Road, Renhe Street, Room 309, 3rd Floor, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hydsoft Technology Co Ltd is engaged in providing professional information technology outsourcing services to customers.

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