GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Richmat Intelligence Technology Inc (SZSE:301320) » Definitions » Debt-to-Asset

Qingdao Richmat Intelligence Technology (SZSE:301320) Debt-to-Asset : 0.01 (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Qingdao Richmat Intelligence Technology Debt-to-Asset?

Qingdao Richmat Intelligence Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥3.5 Mil. Qingdao Richmat Intelligence Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥10.4 Mil. Qingdao Richmat Intelligence Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥1,474.6 Mil. Qingdao Richmat Intelligence Technology's debt to asset for the quarter that ended in Sep. 2024 was 0.01.


Qingdao Richmat Intelligence Technology Debt-to-Asset Historical Data

The historical data trend for Qingdao Richmat Intelligence Technology'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.

Qingdao Richmat Intelligence Technology Debt-to-Asset Chart

Qingdao Richmat Intelligence Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - 0.03 - 0.06 0.02

Qingdao Richmat Intelligence Technology Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 0.01 0.02 0.01 0.02 0.01

Competitive Comparison of Qingdao Richmat Intelligence Technology's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Qingdao Richmat Intelligence Technology'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.


Qingdao Richmat Intelligence Technology's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Richmat Intelligence Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Qingdao Richmat Intelligence Technology's Debt-to-Asset falls into.



Qingdao Richmat Intelligence Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Qingdao Richmat Intelligence Technology'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
=(12.014 + 12.89) / 1443.779
=0.02

Qingdao Richmat Intelligence Technology'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
=(3.482 + 10.417) / 1474.596
=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.


Qingdao Richmat Intelligence Technology  (SZSE:301320) 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.


Qingdao Richmat Intelligence Technology Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Qingdao Richmat Intelligence Technology's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Richmat Intelligence Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 78, Kongquehe 4th Road, Qingdao Garment Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200
Qingdao Richmat Intelligence Technology Inc is engaged in Research and development, production and sales of intelligent linear drive system products. its products include: Linear actuator Dual actuator, Lifting column, Control box, Handset, and Massage motor.

Qingdao Richmat Intelligence Technology Headlines

No Headlines