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Jiangxi Ganyue Expressway Co (SHSE:600269) Debt-to-Asset : 0.21 (As of Mar. 2024)


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What is Jiangxi Ganyue Expressway Co Debt-to-Asset?

Jiangxi Ganyue Expressway Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,702 Mil. Jiangxi Ganyue Expressway Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,772 Mil. Jiangxi Ganyue Expressway Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥36,031 Mil. Jiangxi Ganyue Expressway Co's debt to asset for the quarter that ended in Mar. 2024 was 0.21.


Jiangxi Ganyue Expressway Co Debt-to-Asset Historical Data

The historical data trend for Jiangxi Ganyue Expressway 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.

Jiangxi Ganyue Expressway Co Debt-to-Asset Chart

Jiangxi Ganyue Expressway 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 0.29 0.28 0.24 0.24 0.20

Jiangxi Ganyue Expressway 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 0.19 0.15 0.18 0.20 0.21

Competitive Comparison of Jiangxi Ganyue Expressway Co's Debt-to-Asset

For the Infrastructure Operations subindustry, Jiangxi Ganyue Expressway 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.


Jiangxi Ganyue Expressway Co's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Jiangxi Ganyue Expressway Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jiangxi Ganyue Expressway Co's Debt-to-Asset falls into.



Jiangxi Ganyue Expressway Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jiangxi Ganyue Expressway 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
=(5311.749 + 1763.704) / 35869.272
=0.20

Jiangxi Ganyue Expressway 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
=(5701.943 + 1771.612) / 36031.209
=0.21

* 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.


Jiangxi Ganyue Expressway Co  (SHSE:600269) 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.


Jiangxi Ganyue Expressway Co Debt-to-Asset Related Terms

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Jiangxi Ganyue Expressway Co (SHSE:600269) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Torch Street, Yanneng Building, igh-tech Development Zone, Jiangxi, Nanchang, CHN, 330025
Jiangxi Ganyue Expressway Co Ltd is a Chinese company engaged in the investment, construction, operation, and management of toll highways and roads.

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