GEM Co (SZSE:002340) Debt-to-Asset : 0.38 (As of Mar. 2024)

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What is GEM Co Debt-to-Asset?

GEM Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥13,111 Mil. GEM Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥8,075 Mil. GEM Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥56,507 Mil. GEM Co's debt to asset for the quarter that ended in Mar. 2024 was 0.37.

GEM Co Debt-to-Asset Historical Data

The historical data trend for GEM 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.

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GEM Co Debt-to-Asset Chart

GEM Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.37

0.33

0.32

0.34

0.38

GEM 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															0.37	0.37	0.38	0.38	0.38

Competitive Comparison of GEM Co's Debt-to-Asset

For the Waste Management subindustry, GEM 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.

GEM Co's Debt-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, GEM Co's Debt-to-Asset distribution charts can be found below:

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

GEM Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GEM 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
	=	(11629.137	+	8167.31)	/	52632.38
	=	0.38

GEM 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
	=	(13110.705	+	8075.369)	/	56507.368
	=	0.37

GEM Co (SZSE:002340) 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.

GEM Co Debt-to-Asset Related Terms

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GEM Co (SZSE:002340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » GEM Co Ltd (SZSE:002340) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

South of Xinghua Road, 20F Block A,Marina Bay Center, Bao’an Center Area, Shenzhen, CHN, 518101

Website

http://www.gemchina.com

GEM Co Ltd operates in the recycling industry in China and internationally. The company offers remanufactured battery raw materials, such as nickel, cobalt, manganese, copper, aluminum, iron, and lithium from waste batteries; cathode copper plate; and gold and silver ingots, palladium sponge, and rhodium.

Executives

Wang Min	Director
Jiang Miao	Executives
Lou Hui You	Executives
Jiao Hua	Executives
Mu Meng Gang	Directors, executives
Xu Kai Hua	Directors, executives
Wang Jian	Supervisors
Song Wan Xiang	Executives
Ou Yang Ming Zhi	Directors, executives
Zhou Bo	Supervisors
Zhang Ai Qing	Executives
Lu Xi Jin	Executives
Wu Guang Yuan	Executives
Mou Jian	Executives
Pan Hua	Executives

GEM Co (SZSE:002340) Headlines

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