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China Shipbuilding Industry (SHSE:601989) Debt-to-Asset : 0.13 (As of Mar. 2024)


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What is China Shipbuilding Industry Debt-to-Asset?

China Shipbuilding Industry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥10,265 Mil. China Shipbuilding Industry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥14,818 Mil. China Shipbuilding Industry's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥197,791 Mil. China Shipbuilding Industry's debt to asset for the quarter that ended in Mar. 2024 was 0.13.


China Shipbuilding Industry Debt-to-Asset Historical Data

The historical data trend for China Shipbuilding Industry'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.

China Shipbuilding Industry Debt-to-Asset Chart

China Shipbuilding Industry 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 0.17 0.08 0.11 0.15 0.13

China Shipbuilding Industry 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 0.14 0.14 0.13 0.13 0.13

Competitive Comparison of China Shipbuilding Industry's Debt-to-Asset

For the Aerospace & Defense subindustry, China Shipbuilding Industry'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.


China Shipbuilding Industry's Debt-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Shipbuilding Industry's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Shipbuilding Industry's Debt-to-Asset falls into.



China Shipbuilding Industry Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Shipbuilding Industry'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
=(11759.848 + 14346.901) / 197544.639
=0.13

China Shipbuilding Industry'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
=(10265.393 + 14817.513) / 197790.758
=0.13

* 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.


China Shipbuilding Industry  (SHSE:601989) 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.


China Shipbuilding Industry Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of China Shipbuilding Industry's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


China Shipbuilding Industry (SHSE:601989) Business Description

Traded in Other Exchanges
N/A
Address
No. 72, Hunan Road, Kunming, Haidian District, Beijing, CHN, 100097
China Shipbuilding Industry Corp is engaged in the designing, manufacturing and repairing of ships. The company also manufactures marine defense and marine development equipment, marine transportation equipment, deep-sea equipment and ship repair and modification, ship supporting and electromechanical equipment, military-civilian integration strategy emerging industries. The main developer and supplier of domestic naval equipment is responsible for the manufacturing of naval main battle equipment and core ancillary equipment such as aircraft carriers, surface ships, conventional submarines, and underwater weapons.

China Shipbuilding Industry (SHSE:601989) Headlines

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