GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Offcn Education Technology Co Ltd (SZSE:002607) » Definitions » Debt-to-Asset

Offcn Education Technology Co (SZSE:002607) Debt-to-Asset : 0.30 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Offcn Education Technology Co Debt-to-Asset?

Offcn Education Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥954 Mil. Offcn Education Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,217 Mil. Offcn Education Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,285 Mil. Offcn Education Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.30.


Offcn Education Technology Co Debt-to-Asset Historical Data

The historical data trend for Offcn Education 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.

Offcn Education Technology Co Debt-to-Asset Chart

Offcn Education Technology 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 0.29 0.34 0.42 0.14 0.27

Offcn Education Technology 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 0.13 0.12 0.16 0.27 0.30

Competitive Comparison of Offcn Education Technology Co's Debt-to-Asset

For the Education & Training Services subindustry, Offcn Education 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.


Offcn Education Technology Co's Debt-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Offcn Education Technology Co's Debt-to-Asset distribution charts can be found below:

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



Offcn Education Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Offcn Education 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
=(796.588 + 1157.574) / 7139.624
=0.27

Offcn Education 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
=(953.732 + 1217.459) / 7284.974
=0.30

* 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.


Offcn Education Technology Co  (SZSE:002607) 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.


Offcn Education Technology Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Offcn Education Technology Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Offcn Education Technology Co (SZSE:002607) Business Description

Traded in Other Exchanges
N/A
Address
No.23 Xueqing Road, Block B, Hanhua Century Building, Haidian District, Beijing, CHN, 100089
Offcn Education Technology Co Ltd is China's multi-category vocational education institution and civil servant entrance examination training company. The company serves the younger demographic including college students and university graduates throughout mainland China.
Executives
Wang Zhen Dong Directors, executives
Yu Hong Wei Supervisors
He You Li Executives
Yang Qing Mei Director
Zhou Xia Yun Director
Cao Ying Hong Supervisors
Xiao Mei Rong Directors, executives
Wang Jie Ning Director
Ye Zheng Gui Supervisors
Zou Ze Qing Executives
Li Lin Secretary Dong
Fang Cheng Executives
Wang Hai Feng Securities Affairs Representative

Offcn Education Technology Co (SZSE:002607) Headlines

No Headlines