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Fujian Zhangzhou Development Co (SZSE:000753) Debt-to-Asset

: 0.38 (As of Sep. 2023)
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Fujian Zhangzhou Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥1,348 Mil. Fujian Zhangzhou Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥2,440 Mil. Fujian Zhangzhou Development Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was ¥10,009 Mil. Fujian Zhangzhou Development Co's debt to asset for the quarter that ended in Sep. 2023 was 0.38.


Fujian Zhangzhou Development Co Debt-to-Asset Historical Data

The historical data trend for Fujian Zhangzhou Development 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.

Fujian Zhangzhou Development Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.17 0.26 0.32 0.37

Fujian Zhangzhou Development Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.39 0.37 0.38 0.38 0.38

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Fujian Zhangzhou Development 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.


Fujian Zhangzhou Development Co Debt-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Fujian Zhangzhou Development Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujian Zhangzhou Development Co's Debt-to-Asset falls into.



Fujian Zhangzhou Development Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fujian Zhangzhou Development Co'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
=(1338.072 + 1955.39) / 8947.678
=0.37

Fujian Zhangzhou Development Co's Debt-to-Asset for the quarter that ended in Sep. 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
=(1347.93 + 2439.621) / 10009.135
=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.


Fujian Zhangzhou Development Co  (SZSE:000753) 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.


Fujian Zhangzhou Development Co Debt-to-Asset Related Terms

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Fujian Zhangzhou Development Co (SZSE:000753) Business Description

Traded in Other Exchanges
N/A
Address
Shenli East Road, Zhangzhou Development Square, Fujian Province, Zhangzhou, CHN, 363000
Fujian Zhangzhou Development Co Ltd is engaged in the automobile trading business in China. Further, it is engaged in urban water supply services, construction of urban infrastructure, investment, and development of highways, real estate development, and automotive trade in China's domestic market.

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