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Sichuan Newsnet Media (Group) Co (SZSE:300987) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Sichuan Newsnet Media (Group) Co Debt-to-Asset?

Sichuan Newsnet Media (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11.4 Mil. Sichuan Newsnet Media (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10.1 Mil. Sichuan Newsnet Media (Group) Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥932.1 Mil. Sichuan Newsnet Media (Group) Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Sichuan Newsnet Media (Group) Co Debt-to-Asset Historical Data

The historical data trend for Sichuan Newsnet Media (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.

Sichuan Newsnet Media (Group) Co Debt-to-Asset Chart

Sichuan Newsnet Media (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 - 0.02 0.01 0.01 0.02

Sichuan Newsnet Media (Group) Co Quarterly Data
Dec18 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 0.02 0.02 0.02

Competitive Comparison of Sichuan Newsnet Media (Group) Co's Debt-to-Asset

For the Advertising Agencies subindustry, Sichuan Newsnet Media (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.


Sichuan Newsnet Media (Group) Co's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sichuan Newsnet Media (Group) Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sichuan Newsnet Media (Group) Co's Debt-to-Asset falls into.



Sichuan Newsnet Media (Group) Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sichuan Newsnet Media (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
=(8.54 + 12.794) / 967.342
=0.02

Sichuan Newsnet Media (Group) 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
=(11.421 + 10.103) / 932.053
=0.02

* 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.


Sichuan Newsnet Media (Group) Co  (SZSE:300987) 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.


Sichuan Newsnet Media (Group) Co Debt-to-Asset Related Terms

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Sichuan Newsnet Media (Group) Co (SZSE:300987) Business Description

Traded in Other Exchanges
N/A
Address
No.599, Century City South Road, Floor 2, 6th Floor, 16th Floor, Building 7, Tianfu Software Park D Zone, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041
Sichuan Newsnet Media (Group) Co Ltd operates as an internet media. It is primarily involved in the new media integrated marketing, mobile information services and others.

Sichuan Newsnet Media (Group) Co (SZSE:300987) Headlines

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