GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » China Merchants Commercial�REIT (HKSE:01503) » Definitions » Debt-to-Asset

China Merchants Commercial�REIT (HKSE:01503) Debt-to-Asset : 0.38 (As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

What is China Merchants Commercial�REIT Debt-to-Asset?

China Merchants Commercial�REIT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.0 Mil. China Merchants Commercial�REIT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$4,432.7 Mil. China Merchants Commercial�REIT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was HK$11,601.6 Mil. China Merchants Commercial�REIT's debt to asset for the quarter that ended in Jun. 2023 was 0.38.


China Merchants Commercial�REIT Debt-to-Asset Historical Data

The historical data trend for China Merchants Commercial�REIT'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 Merchants Commercial�REIT Debt-to-Asset Chart

China Merchants Commercial�REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.23 0.28 0.29 0.37 0.39

China Merchants Commercial�REIT Semi-Annual Data
Dec16 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 0.29 0.35 0.37 0.38 0.39

Competitive Comparison of China Merchants Commercial�REIT's Debt-to-Asset

For the REIT - Office subindustry, China Merchants Commercial�REIT'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 Merchants Commercial�REIT's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, China Merchants Commercial�REIT's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Merchants Commercial�REIT's Debt-to-Asset falls into.



China Merchants Commercial�REIT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Merchants Commercial�REIT's Debt-to-Asset for the fiscal year that ended in Dec. 2022 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 + 4525.642) / 12087.722
=0.37

China Merchants Commercial�REIT's Debt-to-Asset for the quarter that ended in Jun. 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 + 4432.654) / 11601.59
=0.38

* 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 Merchants Commercial�REIT  (HKSE:01503) 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 Merchants Commercial�REIT Debt-to-Asset Related Terms

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


China Merchants Commercial�REIT (HKSE:01503) Business Description

Traded in Other Exchanges
N/A
Address
China Merchants Tower, Shun Tak Centre, Room 2603-2606, 26th Floor, Connaught Road Central, Hong Kong, HKG, 168-200
China Merchants Commercial REIT and its subsidiaries are engaged in property investment. The operating business segments of the company are office buildings and shopping center. Its properties include New Times Plaza, Cyberport Building, Technology Building, Garden City Shopping Centre and Technology Building 2 among others.

China Merchants Commercial�REIT (HKSE:01503) Headlines

No Headlines