WXT (Wuxin Technology Holdings) Debt-to-Asset : 0.11 (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Wuxin Technology Holdings Debt-to-Asset?

Wuxin Technology Holdings WXT Debt-to-Asset is 0.11 as of Dec. 2021.

Wuxin Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $3.74 Mil. Wuxin Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.77 Mil. Wuxin Technology Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2021 was $41.95 Mil. Wuxin Technology Holdings's debt to asset for the quarter that ended in Dec. 2021 was 0.11.

Wuxin Technology Holdings  (NAS:WXT) 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.

Wuxin Technology Holdings Debt-to-Asset Related Terms

Wuxin Technology Holdings Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Wuxin Technology Holdings'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.

Wuxin Technology Holdings Debt-to-Asset Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Debt-to-Asset
0.10 0.09

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Debt-to-Asset 0.10 0.00 0.09 0.11

WXT vs : Debt-to-Asset Comparison

For the Communication Equipment subindustry, Wuxin Technology Holdings'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.

Wuxin Technology Holdings Debt-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Wuxin Technology Holdings's Debt-to-Asset distribution charts can be found below:

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


Wuxin Technology Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxin Technology Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.802 + 0.525) / 35.859
=0.09

Wuxin Technology Holdings's Debt-to-Asset for the quarter that ended in Dec. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(3.741 + 0.765) / 41.952
=0.11

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.11 mean?
Wuxin Technology Holdings (WXT) has a Debt-to-Asset of 0.11 as of Dec. 2021. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Debt-to-Asset too high?
Wuxin Technology Holdings' current Debt-to-Asset is 0.11.
How does Wuxin Technology Holdings' Debt-to-Asset compare to ?
Wuxin Technology Holdings' Debt-to-Asset of 0.11 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Hardware company?
A good Debt-to-Asset depends on the Hardware industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Wuxin Technology Holdings and its competitors. Wuxin Technology Holdings's current Debt-to-Asset is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Debt-to-Asset of 0.11. The current Debt-to-Asset is 0.11. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Wuxin Technology Holdings (WXT), the current Debt-to-Asset is 0.11 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.