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Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Debt-to-Asset : 0.21 (As of Mar. 2024)


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What is Jinhui Shipping and Transportation Debt-to-Asset?

Jinhui Shipping and Transportation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $19.00 Mil. Jinhui Shipping and Transportation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $75.51 Mil. Jinhui Shipping and Transportation's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $460.02 Mil. Jinhui Shipping and Transportation's debt to asset for the quarter that ended in Mar. 2024 was 0.21.


Jinhui Shipping and Transportation Debt-to-Asset Historical Data

The historical data trend for Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation Debt-to-Asset Chart

Jinhui Shipping and Transportation 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 0.33 0.30 0.17 0.21 0.24

Jinhui Shipping and Transportation Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.21 0.21 0.23 0.24 0.21

Competitive Comparison of Jinhui Shipping and Transportation's Debt-to-Asset

For the Marine Shipping subindustry, Jinhui Shipping and Transportation'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.


Jinhui Shipping and Transportation's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jinhui Shipping and Transportation's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Jinhui Shipping and Transportation's Debt-to-Asset falls into.



Jinhui Shipping and Transportation Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Jinhui Shipping and Transportation'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
=(37.558 + 79.748) / 483.633
=0.24

Jinhui Shipping and Transportation'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
=(19.003 + 75.511) / 460.02
=0.21

* 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.


Jinhui Shipping and Transportation  (OTCPK:JNSTF) 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.


Jinhui Shipping and Transportation Debt-to-Asset Related Terms

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Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Business Description

Traded in Other Exchanges
Address
1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG
Jinhui Shipping and Transportation Ltd is an investment holding company. It operates its business through its subsidiaries. It principal activities of the business are ship chartering and ship owning. Geographically, it operates in various countries like China, Singapore, Ireland, South Korea, and Thailand. The majority of the revenue comes from the Singapore.

Jinhui Shipping and Transportation (Jinhui Shipping and Transportation) Headlines