Tongxin International (Tongxin International) Debt-to-Asset : 0.16 (As of Dec. 2010)

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What is Tongxin International Debt-to-Asset?

Tongxin International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $26.65 Mil. Tongxin International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.16 Mil. Tongxin International's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2010 was $165.08 Mil. Tongxin International's debt to asset for the quarter that ended in Dec. 2010 was 0.16.

Tongxin International Debt-to-Asset Historical Data

The historical data trend for Tongxin International'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.

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Tongxin International Debt-to-Asset Chart

Tongxin International Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec14

Debt-to-Asset

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0.40

0.19

0.18

0.16

0.27

Tongxin International Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec14
Debt-to-Asset	Get a 7-Day Free Trial			0.40	0.19	0.18	0.16	0.27

Competitive Comparison of Tongxin International's Debt-to-Asset

For the Auto Parts subindustry, Tongxin International'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.

Tongxin International's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tongxin International's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tongxin International's Debt-to-Asset falls into.

Tongxin International Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tongxin International's Debt-to-Asset for the fiscal year that ended in Dec. 2010 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(26.648	+	0.163)	/	165.081
	=	0.16

Tongxin International's Debt-to-Asset for the quarter that ended in Dec. 2010 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(26.648	+	0.163)	/	165.081
	=	0.16

Tongxin International (OTCPK:TXIC) 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.

Tongxin International Debt-to-Asset Related Terms

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Tongxin International (Tongxin International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tongxin International Ltd (OTCPK:TXIC) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hunan Tongxin, Changsha, Hunan Province, Jiangbei, CHN, 410135

Website

http://www.txicint.com

Tongxin International Ltd is an independent supplier of EVBS in China, is capable of providing EVBS for both the commercial truck and light vehicle market segments. EVBS consists of exterior body panels including doors, floor pans, hoods, side panels and fenders. Further, the company also designs, fabricates and tests dies used in the vehicle body structure manufacturing process.

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