Metro Land (SHSE:600683) Debt-to-Asset : 0.58 (As of Mar. 2024)

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What is Metro Land Debt-to-Asset?

Metro Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,213 Mil. Metro Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥29,690 Mil. Metro Land's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥59,893 Mil. Metro Land's debt to asset for the quarter that ended in Mar. 2024 was 0.58.

Metro Land Debt-to-Asset Historical Data

The historical data trend for Metro Land'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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Metro Land Debt-to-Asset Chart

Metro Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.68

0.53

0.36

0.46

0.55

Metro Land 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															0.49	0.57	0.49	0.55	0.58

Competitive Comparison of Metro Land's Debt-to-Asset

For the Real Estate - Development subindustry, Metro Land'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.

Metro Land's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Metro Land's Debt-to-Asset distribution charts can be found below:

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

Metro Land Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Metro Land'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
	=	(137.394	+	32813.727)	/	59548.452
	=	0.55

Metro Land'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
	=	(5213.288	+	29690.189)	/	59893.069
	=	0.58

Metro Land (SHSE:600683) 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.

Metro Land Debt-to-Asset Related Terms

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Metro Land (SHSE:600683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Metro Land Corp Ltd (SHSE:600683) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022

Website

http://www.600683.com

Metro Land Corp Ltd is a real estate company.

Executives

Cheng Shao Liang	Director
Yang Da Yong	Director

Metro Land (SHSE:600683) Headlines

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