BAIC Motor (BAIC Motor) Debt-to-Asset : 0.08 (As of Dec. 2023)

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What is BAIC Motor Debt-to-Asset?

BAIC Motor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $959 Mil. BAIC Motor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $924 Mil. BAIC Motor's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $23,630 Mil. BAIC Motor's debt to asset for the quarter that ended in Dec. 2023 was 0.08.

BAIC Motor Debt-to-Asset Historical Data

The historical data trend for BAIC Motor'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.

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BAIC Motor Debt-to-Asset Chart

BAIC Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.12

0.11

0.12

0.08

BAIC Motor Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															-	0.12	0.10	0.09	0.08

Competitive Comparison of BAIC Motor's Debt-to-Asset

For the Auto Manufacturers subindustry, BAIC Motor'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.

BAIC Motor's Debt-to-Asset Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where BAIC Motor's Debt-to-Asset falls into.

BAIC Motor Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

BAIC Motor'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
	=	(958.515	+	924.453)	/	23630.032
	=	0.08

BAIC Motor'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
	=	(958.515	+	924.453)	/	23630.032
	=	0.08

BAIC Motor (OTCPK:BMCLF) 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.

BAIC Motor Debt-to-Asset Related Terms

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BAIC Motor (BAIC Motor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC Motor Corp Ltd (OTCPK:BMCLF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

BCCMY:USA 01958:Hong Kong 2B5:Germany

Address

No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300

Website

http://www.baicmotor.com

BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of BAIC's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand.

BAIC Motor (BAIC Motor) Headlines

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