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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Debt-to-Asset : 0.12 (As of Mar. 2024)


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What is Hunan Aerospace Huanyu Communication Technology Co Debt-to-Asset?

Hunan Aerospace Huanyu Communication Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥85.8 Mil. Hunan Aerospace Huanyu Communication Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥185.8 Mil. Hunan Aerospace Huanyu Communication Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,243.0 Mil. Hunan Aerospace Huanyu Communication Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.12.


Hunan Aerospace Huanyu Communication Technology Co Debt-to-Asset Historical Data

The historical data trend for Hunan Aerospace Huanyu Communication 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.

Hunan Aerospace Huanyu Communication Technology Co Debt-to-Asset Chart

Hunan Aerospace Huanyu Communication Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.02 0.12 0.13 0.20 0.13

Hunan Aerospace Huanyu Communication Technology Co Quarterly Data
Dec19 Dec20 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 0.20 0.12 0.13 0.13 0.12

Competitive Comparison of Hunan Aerospace Huanyu Communication Technology Co's Debt-to-Asset

For the Aerospace & Defense subindustry, Hunan Aerospace Huanyu Communication 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.


Hunan Aerospace Huanyu Communication Technology Co's Debt-to-Asset Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Hunan Aerospace Huanyu Communication Technology Co's Debt-to-Asset falls into.



Hunan Aerospace Huanyu Communication Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hunan Aerospace Huanyu Communication 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
=(90.019 + 202.781) / 2328.537
=0.13

Hunan Aerospace Huanyu Communication 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
=(85.836 + 185.784) / 2243.034
=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.


Hunan Aerospace Huanyu Communication Technology Co  (SHSE:688523) 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.


Hunan Aerospace Huanyu Communication Technology Co Debt-to-Asset Related Terms

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Hunan Aerospace Huanyu Communication Technology Co (SHSE:688523) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Xingkang South Road, Yuelu District, Hunan, Changsha, CHN, 410205
Hunan Aerospace Huanyu Communication Technology Co Ltd is mainly engaged in the R&D, manufacturing and service of space-borne high-end microwave communication, satellite communication, aerospace technology equipment and high-end composite material parts and components. The company is committed to providing product support and engineering application services for major aerospace host units.

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