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AECC Aero Science and Technology Co (SHSE:600391) Debt-to-Asset : 0.26 (As of Mar. 2024)


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What is AECC Aero Science and Technology Co Debt-to-Asset?

AECC Aero Science and Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,512 Mil. AECC Aero Science and Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥691 Mil. AECC Aero Science and Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥8,461 Mil. AECC Aero Science and Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.26.


AECC Aero Science and Technology Co Debt-to-Asset Historical Data

The historical data trend for AECC Aero Science and Technology 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.

AECC Aero Science and Technology Co Debt-to-Asset Chart

AECC Aero Science and Technology 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 0.24 0.17 0.19 0.16 0.13

AECC Aero Science and Technology 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 0.16 0.20 0.22 0.13 0.26

Competitive Comparison of AECC Aero Science and Technology Co's Debt-to-Asset

For the Aerospace & Defense subindustry, AECC Aero Science and Technology 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.


AECC Aero Science and Technology Co's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AECC Aero Science and Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where AECC Aero Science and Technology Co's Debt-to-Asset falls into.



AECC Aero Science and Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

AECC Aero Science and Technology 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
=(472.55 + 440.953) / 7132.497
=0.13

AECC Aero Science and Technology 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
=(1511.501 + 691.452) / 8461.196
=0.26

* 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.


AECC Aero Science and Technology Co  (SHSE:600391) 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.


AECC Aero Science and Technology Co Debt-to-Asset Related Terms

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AECC Aero Science and Technology Co (SHSE:600391) Business Description

Traded in Other Exchanges
N/A
Address
No. 901, 9th Floor, Building 1, Tianyun Road, High-tech Zone, Sichuan Province, Chengdu, CHN, 610503
AECC Aero Science and Technology Co Ltd is a China-based company engages in the research and development, manufacture, and sale of aviation products. It focuses on aircraft engines and their components, gas turbine components and parts, and aviation bearings.
Executives
Yan Shui Bo Supervisors
Zhang Li senior management
Chen Yu Pei senior management
Sun Yan Feng Supervisors
Chen Jin Director
Zhang Bin senior management
Liu Jian senior management
Xiong Yi Director
Yi Xue Bin senior management
Wu Hua Director
Wang Nan Hai senior management

AECC Aero Science and Technology Co (SHSE:600391) Headlines

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