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Wuxi Lead Intelligent Equipment Co (SZSE:300450) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is Wuxi Lead Intelligent Equipment Co Debt-to-Asset?

Wuxi Lead Intelligent Equipment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥148 Mil. Wuxi Lead Intelligent Equipment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥275 Mil. Wuxi Lead Intelligent Equipment Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥37,095 Mil. Wuxi Lead Intelligent Equipment Co's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


Wuxi Lead Intelligent Equipment Co Debt-to-Asset Historical Data

The historical data trend for Wuxi Lead Intelligent Equipment 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.

Wuxi Lead Intelligent Equipment Co Debt-to-Asset Chart

Wuxi Lead Intelligent Equipment 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 0.13 0.04 0.02 0.01 0.02

Wuxi Lead Intelligent Equipment 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 0.01 0.01 0.01 0.02 0.01

Competitive Comparison of Wuxi Lead Intelligent Equipment Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Wuxi Lead Intelligent Equipment 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.


Wuxi Lead Intelligent Equipment Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Lead Intelligent Equipment Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wuxi Lead Intelligent Equipment Co's Debt-to-Asset falls into.



Wuxi Lead Intelligent Equipment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxi Lead Intelligent Equipment 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
=(314.86 + 309.896) / 35293.33
=0.02

Wuxi Lead Intelligent Equipment 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
=(148.204 + 274.952) / 37094.96
=0.01

* 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.


Wuxi Lead Intelligent Equipment Co  (SZSE:300450) 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.


Wuxi Lead Intelligent Equipment Co Debt-to-Asset Related Terms

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Wuxi Lead Intelligent Equipment Co (SZSE:300450) Business Description

Traded in Other Exchanges
N/A
Address
No. 20 Xinxi Road, Wuxi National Hi-Tech Industrial Development Zone, Jiangsu Province, Wuxi, CHN, 214028
Wuxi Lead Intelligent Equipment Co Ltd, formerly Wuxi Lead Auto Equipment Co Ltd is engaged in manufacturing automation equipment such as lithium battery manufacturing equipment, automatic winding machine & Photovoltaic cells automation equipment.

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