CN Asia Bhd (XKLS:7986) Debt-to-Asset : 0.13 (As of Dec. 2023)

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What is CN Asia Bhd Debt-to-Asset?

CN Asia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.51 Mil. CN Asia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.05 Mil. CN Asia Bhd's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was RM56.24 Mil. CN Asia Bhd's debt to asset for the quarter that ended in Dec. 2023 was 0.13.

CN Asia Bhd Debt-to-Asset Historical Data

The historical data trend for CN Asia Bhd'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.

CN Asia Bhd Debt-to-Asset Chart

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Asset

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0.04

0.02

0.05

0.07

0.09

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.15	0.18	0.14	0.13	0.13

Competitive Comparison of CN Asia Bhd's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, CN Asia Bhd'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.

CN Asia Bhd's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CN Asia Bhd's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CN Asia Bhd's Debt-to-Asset falls into.

CN Asia Bhd Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CN Asia Bhd's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(3.901	+	0.479)	/	47.994
	=	0.09

CN Asia Bhd's Debt-to-Asset for the quarter 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
	=	(4.514	+	3.047)	/	56.238
	=	0.13

CN Asia Bhd (XKLS:7986) 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.

CN Asia Bhd Debt-to-Asset Related Terms

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CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

CN Asia Bhd (XKLS:7986) Headlines

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