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Tianjin Guoan Mengguli New Materials Science and Technology (SZSE:301487) Debt-to-Asset : 0.15 (As of Sep. 2024)


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What is Tianjin Guoan Mengguli New Materials Science and Technology Debt-to-Asset?

Tianjin Guoan Mengguli New Materials Science and Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥535 Mil. Tianjin Guoan Mengguli New Materials Science and Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥18 Mil. Tianjin Guoan Mengguli New Materials Science and Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was ¥3,659 Mil. Tianjin Guoan Mengguli New Materials Science and Technology's debt to asset for the quarter that ended in Sep. 2024 was 0.15.


Tianjin Guoan Mengguli New Materials Science and Technology Debt-to-Asset Historical Data

The historical data trend for Tianjin Guoan Mengguli New Materials Science and 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.

Tianjin Guoan Mengguli New Materials Science and Technology Debt-to-Asset Chart

Tianjin Guoan Mengguli New Materials Science and Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.14 0.11 0.19 0.29 0.20

Tianjin Guoan Mengguli New Materials Science and Technology Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 0.19 0.20 0.19 0.15 0.15

Competitive Comparison of Tianjin Guoan Mengguli New Materials Science and Technology's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Tianjin Guoan Mengguli New Materials Science and 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.


Tianjin Guoan Mengguli New Materials Science and Technology's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Guoan Mengguli New Materials Science and Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tianjin Guoan Mengguli New Materials Science and Technology's Debt-to-Asset falls into.


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Tianjin Guoan Mengguli New Materials Science and Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tianjin Guoan Mengguli New Materials Science and 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
=(600.069 + 164.222) / 3745.541
=0.20

Tianjin Guoan Mengguli New Materials Science and 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
=(534.767 + 17.819) / 3658.871
=0.15

* 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.


Tianjin Guoan Mengguli New Materials Science and Technology  (SZSE:301487) 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.


Tianjin Guoan Mengguli New Materials Science and Technology Debt-to-Asset Related Terms

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Tianjin Guoan Mengguli New Materials Science and Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Road, Jiuyuan Industrial Park, Baodi, Tianjin, CHN, 301811
Tianjin Guoan Mengguli New Materials Science and Technology is engaged in research & development, production, and sales of cathode materials for lithium batteries.

Tianjin Guoan Mengguli New Materials Science and Technology Headlines

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