Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Debt-to-Asset : 0.22 (As of Mar. 2024)

Wuxi Dingbang Heat Exchange Equipment Co Debt-to-Asset Chart

Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.16	0.16	0.25	0.26	0.22

Competitive Comparison of Wuxi Dingbang Heat Exchange Equipment Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Wuxi Dingbang Heat Exchange 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 Dingbang Heat Exchange Equipment Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Wuxi Dingbang Heat Exchange Equipment Co's Debt-to-Asset falls into.

Wuxi Dingbang Heat Exchange Equipment Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxi Dingbang Heat Exchange Equipment Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Wuxi Dingbang Heat Exchange Equipment Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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 Dingbang Heat Exchange Equipment Co  (BJSE:872931) 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 Dingbang Heat Exchange Equipment Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Wuxi Dingbang Heat Exchange Equipment Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description