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COSCO SHIPPING Ports (COSCO SHIPPING Ports) Debt-to-Asset : 0.35 (As of Dec. 2023)


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What is COSCO SHIPPING Ports Debt-to-Asset?

COSCO SHIPPING Ports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,092.0 Mil. COSCO SHIPPING Ports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,038.5 Mil. COSCO SHIPPING Ports's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $11,931.9 Mil. COSCO SHIPPING Ports's debt to asset for the quarter that ended in Dec. 2023 was 0.35.


COSCO SHIPPING Ports Debt-to-Asset Historical Data

The historical data trend for COSCO SHIPPING Ports'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.

COSCO SHIPPING Ports Debt-to-Asset Chart

COSCO SHIPPING Ports 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 0.37 0.36 0.34 0.34 0.35

COSCO SHIPPING Ports Quarterly Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 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 - 0.34 0.34 0.33 0.35

Competitive Comparison of COSCO SHIPPING Ports's Debt-to-Asset

For the Marine Shipping subindustry, COSCO SHIPPING Ports'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.


COSCO SHIPPING Ports's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, COSCO SHIPPING Ports's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING Ports's Debt-to-Asset falls into.



COSCO SHIPPING Ports Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

COSCO SHIPPING Ports'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
=(1092.047 + 3038.481) / 11931.881
=0.35

COSCO SHIPPING Ports'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
=(1092.047 + 3038.481) / 11931.881
=0.35

* 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.


COSCO SHIPPING Ports  (OTCPK:CSPKF) 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.


COSCO SHIPPING Ports Debt-to-Asset Related Terms

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COSCO SHIPPING Ports (COSCO SHIPPING Ports) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 49th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING Ports Ltd is a leading port operator and investor in China. The company's segment includes Terminals and related businesses and Others. It generates maximum revenue from the Terminals and related businesses segment. Geographically presence in Mainland China (excluding Hong Kong), Europe and Others.