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ZJK (ZJK Industrial Co) Debt-to-Asset : 0.03 (As of Jun. 2024)


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What is ZJK Industrial Co Debt-to-Asset?

ZJK Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.66 Mil. ZJK Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.79 Mil. ZJK Industrial Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was $41.95 Mil. ZJK Industrial Co's debt to asset for the quarter that ended in Jun. 2024 was 0.03.

ZJK Industrial Co Debt-to-Asset Historical Data

The historical data trend for ZJK Industrial Co'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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ZJK Industrial Co Debt-to-Asset Chart

ZJK Industrial Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.16 0.10 0.03

ZJK Industrial Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial - 0.10 0.12 0.03 0.03

Competitive Comparison of ZJK Industrial Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, ZJK Industrial Co'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.

ZJK Industrial Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where ZJK Industrial Co's Debt-to-Asset falls into.


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ZJK Industrial Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ZJK Industrial Co'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
=(0.801 + 0.311) / 38.28
=0.03

ZJK Industrial Co's Debt-to-Asset for the quarter that ended in Jun. 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
=(0.657 + 0.79) / 41.948
=0.03

* 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.

ZJK Industrial Co  (NAS:ZJK) 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.

ZJK Industrial Co Debt-to-Asset Related Terms

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ZJK Industrial Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ZJK Industrial Co Ltd (NAS:ZJK) » Definitions » Debt-to-Asset
Comparable Companies
LXFR PKOH GHM OFLX SERV RR NPWR CRAWA SHMD CHMX XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR TSE:7011 XTER:ENR CMI
Traded in Other Exchanges
N/A
Address
No.8, Jingqiang Road, 138 Industrial Zone, Xiuxin Community, Kengzi Town, Pingshan New Area, Shenzhen, CHN, 518122
Website
https://www.zjk-industrial.com
ZJK Industrial Co Ltd is a high-tech enterprise specialized in the manufacturing and sale of precision fasteners, structural parts, and other precision metal parts products for new energy vehicles, circuit boards, data centers, liquid cooling systems for high-speed supercomputers widely applied in the artificial intelligence industry, and intelligent electronic equipment, such as mobile phones, smart watches, drones, and 5G communication base stations. Its products include various standard screws, nuts, bolts, turning parts, stamping parts, and Computer Numerical Control (CNC) machining parts. The products are used in new energy vehicles, mobile phones, smart watches, drones, 5G communication base stations, circuit boards, liquid cooling systems, and other electronic equipment.