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Qingdao Citymedia Co (SHSE:600229) Debt-to-Asset : 0.01 (As of Mar. 2024)


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What is Qingdao Citymedia Co Debt-to-Asset?

Qingdao Citymedia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥11 Mil. Qingdao Citymedia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥21 Mil. Qingdao Citymedia Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥4,502 Mil. Qingdao Citymedia Co's debt to asset for the quarter that ended in Mar. 2024 was 0.01.


Qingdao Citymedia Co Debt-to-Asset Historical Data

The historical data trend for Qingdao Citymedia 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.

Qingdao Citymedia Co Debt-to-Asset Chart

Qingdao Citymedia 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 0.07 0.08 0.01 0.01 0.01

Qingdao Citymedia 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 0.01 0.01

Competitive Comparison of Qingdao Citymedia Co's Debt-to-Asset

For the Publishing subindustry, Qingdao Citymedia 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.


Qingdao Citymedia Co's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Qingdao Citymedia Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Qingdao Citymedia Co's Debt-to-Asset falls into.



Qingdao Citymedia Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Qingdao Citymedia 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
=(18.665 + 19.621) / 4421.797
=0.01

Qingdao Citymedia 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
=(10.664 + 21.268) / 4501.933
=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.


Qingdao Citymedia Co  (SHSE:600229) 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.


Qingdao Citymedia Co Debt-to-Asset Related Terms

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Qingdao Citymedia Co (SHSE:600229) Business Description

Traded in Other Exchanges
N/A
Address
No.182 Haier Road, Publishing Building, Qingdao, Shandong, CHN
Qingdao Citymedia Co Ltd is engaged in the publishing business. It publishes books, periodicals, electronic audio, and video. Further, it is also involved in the development and operation of emerging media. Geographically the activities are carried out through China.

Qingdao Citymedia Co (SHSE:600229) Headlines

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