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Foshan Haitian Flavouring and Food Co (SHSE:603288) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Foshan Haitian Flavouring and Food Co Debt-to-Asset?

Foshan Haitian Flavouring and Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥596 Mil. Foshan Haitian Flavouring and Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥97 Mil. Foshan Haitian Flavouring and Food Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥36,998 Mil. Foshan Haitian Flavouring and Food Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.


Foshan Haitian Flavouring and Food Co Debt-to-Asset Historical Data

The historical data trend for Foshan Haitian Flavouring and Food 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.

Foshan Haitian Flavouring and Food Co Debt-to-Asset Chart

Foshan Haitian Flavouring and Food 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 - 0.01 0.01 0.01 0.01

Foshan Haitian Flavouring and Food 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 0.02 0.01 0.02

Competitive Comparison of Foshan Haitian Flavouring and Food Co's Debt-to-Asset

For the Packaged Foods subindustry, Foshan Haitian Flavouring and Food 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.


Foshan Haitian Flavouring and Food Co's Debt-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Foshan Haitian Flavouring and Food Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Foshan Haitian Flavouring and Food Co's Debt-to-Asset falls into.



Foshan Haitian Flavouring and Food Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Foshan Haitian Flavouring and Food 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
=(393.99 + 100.456) / 38423.518
=0.01

Foshan Haitian Flavouring and Food 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
=(596.202 + 97.142) / 36997.653
=0.02

* 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.


Foshan Haitian Flavouring and Food Co  (SHSE:603288) 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.


Foshan Haitian Flavouring and Food Co Debt-to-Asset Related Terms

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Foshan Haitian Flavouring and Food Co (SHSE:603288) Business Description

Traded in Other Exchanges
N/A
Address
16 Wensha Road Foshan, Guangdong, CHN, 528000
Foshan Haitian Flavouring and Food Company was founded in 1955 through the consolidation of 25 condiment producers in Foshan. The company mainly manufactures soy sauces, oyster sauces, dipping sauces, and seasoning sauces. It is the leading condiment producer with a number one market share in soy sauces and oyster sauces in China.

Foshan Haitian Flavouring and Food Co (SHSE:603288) Headlines

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