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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Debt-to-Asset : 0.05 (As of Mar. 2024)


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What is Wuxi Double Elephant Micro Fibre Material Co Debt-to-Asset?

Wuxi Double Elephant Micro Fibre Material Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥105 Mil. Wuxi Double Elephant Micro Fibre Material Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥3 Mil. Wuxi Double Elephant Micro Fibre Material Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,249 Mil. Wuxi Double Elephant Micro Fibre Material Co's debt to asset for the quarter that ended in Mar. 2024 was 0.05.


Wuxi Double Elephant Micro Fibre Material Co Debt-to-Asset Historical Data

The historical data trend for Wuxi Double Elephant Micro Fibre Material 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.

Wuxi Double Elephant Micro Fibre Material Co Debt-to-Asset Chart

Wuxi Double Elephant Micro Fibre Material 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 0.04 0.04 0.05 0.05 0.05

Wuxi Double Elephant Micro Fibre Material 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 0.05 0.06 0.07 0.05 0.05

Competitive Comparison of Wuxi Double Elephant Micro Fibre Material Co's Debt-to-Asset

For the Footwear & Accessories subindustry, Wuxi Double Elephant Micro Fibre Material 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.


Wuxi Double Elephant Micro Fibre Material Co's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wuxi Double Elephant Micro Fibre Material Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wuxi Double Elephant Micro Fibre Material Co's Debt-to-Asset falls into.



Wuxi Double Elephant Micro Fibre Material Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxi Double Elephant Micro Fibre Material 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
=(113.283 + 3.118) / 2272.972
=0.05

Wuxi Double Elephant Micro Fibre Material 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
=(105.459 + 2.979) / 2248.574
=0.05

* 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.


Wuxi Double Elephant Micro Fibre Material Co  (SZSE:002395) 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.


Wuxi Double Elephant Micro Fibre Material Co Debt-to-Asset Related Terms

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Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Business Description

Traded in Other Exchanges
N/A
Address
No.188, Houzhai Middle Road, Hongshan Street, Xinwu District, Jiangsu Province, Wuxi, CHN
Wuxi Double Elephant Micro Fibre Material Co Ltd operates in the synthetic leather industry. The company is engaged in the production and supply of PVC artificial leather products. The products of the company include microfiber ultra-real leather, PVC artificial leather, and PU synthetic leather.
Executives
Wang Hao Director
Wang Chun Long Director

Wuxi Double Elephant Micro Fibre Material Co (SZSE:002395) Headlines

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