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GRG Metrology & Test Group Co (SZSE:002967) Debt-to-Asset : 0.24 (As of Dec. 2023)


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What is GRG Metrology & Test Group Co Debt-to-Asset?

GRG Metrology & Test Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥872 Mil. GRG Metrology & Test Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ¥598 Mil. GRG Metrology & Test Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was ¥6,071 Mil. GRG Metrology & Test Group Co's debt to asset for the quarter that ended in Dec. 2023 was 0.24.


GRG Metrology & Test Group Co Debt-to-Asset Historical Data

The historical data trend for GRG Metrology & Test Group 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.

GRG Metrology & Test Group Co Debt-to-Asset Chart

GRG Metrology & Test Group 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 0.30 0.30 0.18 0.20 0.24

GRG Metrology & Test Group Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.20 0.22 0.26 0.26 0.24

Competitive Comparison of GRG Metrology & Test Group Co's Debt-to-Asset

For the Consulting Services subindustry, GRG Metrology & Test Group 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.


GRG Metrology & Test Group Co's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GRG Metrology & Test Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where GRG Metrology & Test Group Co's Debt-to-Asset falls into.



GRG Metrology & Test Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GRG Metrology & Test Group 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
=(871.546 + 598.321) / 6070.858
=0.24

GRG Metrology & Test Group Co'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
=(871.546 + 598.321) / 6070.858
=0.24

* 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.


GRG Metrology & Test Group Co  (SZSE:002967) 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.


GRG Metrology & Test Group Co Debt-to-Asset Related Terms

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GRG Metrology & Test Group Co (SZSE:002967) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Qishan Road, Room 150, Shiqi Town, Panyu District, Guangdong Province, Guangzhou, CHN, 510656
GRG Metrology & Test Group Co Ltd is devoted to standards compiling, product testing and certification, analysis and assessment, consulting and training, test equipment and software research and development, providing state of the art services to various industries including automotive, traffic and rail, communication and electric power and others.

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