GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Land Ltd (OTCPK:CRBJF) » Definitions » Debt-to-Asset

China Resources Land (China Resources Land) Debt-to-Asset : 0.20 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is China Resources Land Debt-to-Asset?

China Resources Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,225 Mil. China Resources Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24,294 Mil. China Resources Land's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $166,827 Mil. China Resources Land's debt to asset for the quarter that ended in Dec. 2023 was 0.20.


China Resources Land Debt-to-Asset Historical Data

The historical data trend for China Resources Land'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.

China Resources Land Debt-to-Asset Chart

China Resources Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.20 0.20 0.21 0.20

China Resources Land Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 0.20 0.22 0.21 0.19 0.20

Competitive Comparison of China Resources Land's Debt-to-Asset

For the Real Estate - Development subindustry, China Resources Land'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.


China Resources Land's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Land's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Resources Land's Debt-to-Asset falls into.



China Resources Land Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Resources Land'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
=(9224.88 + 24293.706) / 166826.855
=0.20

China Resources Land'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
=(9224.88 + 24293.706) / 166826.855
=0.20

* 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.


China Resources Land  (OTCPK:CRBJF) 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.


China Resources Land Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of China Resources Land's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Land (China Resources Land) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, 46th Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Land, or CR Land, is a leading real estate developer with nationwide coverage in China. Aside from the core development business, CR Land differentiates itself from peers with a significant investment property portfolio with luxury focused MixC malls, and it holds a 73.7% stake in listed property management company China Resources Mixc Lifestyle Services. CR Land is a subsidiary of China Resources Holdings, or CR Holdings, a sizable state-owned conglomerate with a diverse presence in the utilities, consumer goods, medical, and property sectors. CR Holdings holds about a 60% stake in CR Land.

China Resources Land (China Resources Land) Headlines

From GuruFocus

Matthews China Fund Comments on China Resources Land

By Holly LaFon Holly LaFon 01-22-2019