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Sino Medical Sciences Technology (SHSE:688108) Debt-to-Asset : 0.12 (As of Mar. 2024)


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What is Sino Medical Sciences Technology Debt-to-Asset?

Sino Medical Sciences Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥68.6 Mil. Sino Medical Sciences Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥81.9 Mil. Sino Medical Sciences Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,288.6 Mil. Sino Medical Sciences Technology's debt to asset for the quarter that ended in Mar. 2024 was 0.12.


Sino Medical Sciences Technology Debt-to-Asset Historical Data

The historical data trend for Sino Medical Sciences Technology'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.

Sino Medical Sciences Technology Debt-to-Asset Chart

Sino Medical Sciences Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - 0.04 0.04 0.06 0.12

Sino Medical Sciences Technology 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 0.06 0.09 0.11 0.12 0.12

Competitive Comparison of Sino Medical Sciences Technology's Debt-to-Asset

For the Medical Devices subindustry, Sino Medical Sciences Technology'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.


Sino Medical Sciences Technology's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sino Medical Sciences Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sino Medical Sciences Technology's Debt-to-Asset falls into.



Sino Medical Sciences Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sino Medical Sciences Technology'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
=(69.271 + 75.22) / 1185.821
=0.12

Sino Medical Sciences Technology'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
=(68.586 + 81.917) / 1288.623
=0.12

* 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.


Sino Medical Sciences Technology  (SHSE:688108) 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.


Sino Medical Sciences Technology Debt-to-Asset Related Terms

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Sino Medical Sciences Technology (SHSE:688108) Business Description

Traded in Other Exchanges
N/A
Address
TEDA Biomedical Research and Development Building, No. 5, Fourth Avenue, Tianjin Development Zone, 2nd Floor, Zone B, Tianjin, CHN, 300457
Sino Medical Sciences Technology Inc is a China based company engaged in the research, development, production and sales of high-end interventional medical devices.

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