GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » Debt-to-Asset

Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Debt-to-Asset : 0.13 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Sinopec Shanghai Petrochemical Co Debt-to-Asset?

Sinopec Shanghai Petrochemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $723 Mil. Sinopec Shanghai Petrochemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Sinopec Shanghai Petrochemical Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $5,491 Mil. Sinopec Shanghai Petrochemical Co's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Sinopec Shanghai Petrochemical Co Debt-to-Asset Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

* Premium members only.

Sinopec Shanghai Petrochemical Co Debt-to-Asset Chart

Sinopec Shanghai Petrochemical Co 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 0.03 0.04 0.05 0.06 0.09

Sinopec Shanghai Petrochemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.14 0.14 0.15 0.09 0.13

Competitive Comparison of Sinopec Shanghai Petrochemical Co's Debt-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Shanghai Petrochemical Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sinopec Shanghai Petrochemical Co's Debt-to-Asset falls into.


Sinopec Shanghai Petrochemical Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sinopec Shanghai Petrochemical 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
=(519.245 + 0.132) / 5554.22
=0.09

Sinopec Shanghai Petrochemical Co's Debt-to-Asset for the quarter that ended in Mar. 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
=(723.457 + 0.158) / 5491.216
=0.13

* 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.

Sinopec Shanghai Petrochemical Co  (OTCPK:SHIIY) 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.

Sinopec Shanghai Petrochemical Co Debt-to-Asset Related Terms

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

Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » Debt-to-Asset
Comparable Companies
SZSE:000096 SHSE:603906 SHSE:603003 SZSE:000407 SHSE:600387 SZSE:000159 SZSE:000554 SZSE:300839 SZSE:002778 NSE:RELIANCE MPC PSX VLO NSE:IOC OHEL:NESTE TPE:6505 XKAZ:KMGZ BOM:500547 TSE:5020 DINO
Traded in Other Exchanges
SPTJF:USA 00338:Hong Kong SGJH:Germany SGJH:Germany 600688:China
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Website
http://www.sinopec.com
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes Synthetic fibers; Resins and plastics; Intermediate petrochemicals; Petroleum products; Trading of petrochemical products and Others. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.