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Meisheng Cultural and Creative (SZSE:002699) Debt-to-Asset : 0.14 (As of Mar. 2024)


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What is Meisheng Cultural and Creative Debt-to-Asset?

Meisheng Cultural and Creative's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥193.8 Mil. Meisheng Cultural and Creative's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥29.8 Mil. Meisheng Cultural and Creative's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,630.5 Mil. Meisheng Cultural and Creative's debt to asset for the quarter that ended in Mar. 2024 was 0.14.


Meisheng Cultural and Creative Debt-to-Asset Historical Data

The historical data trend for Meisheng Cultural and Creative'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.

Meisheng Cultural and Creative Debt-to-Asset Chart

Meisheng Cultural and Creative 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 0.08 0.15 0.09 0.14 0.13

Meisheng Cultural and Creative 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 0.14 0.13 0.13 0.13 0.14

Competitive Comparison of Meisheng Cultural and Creative's Debt-to-Asset

For the Conglomerates subindustry, Meisheng Cultural and Creative'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.


Meisheng Cultural and Creative's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Meisheng Cultural and Creative's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Meisheng Cultural and Creative's Debt-to-Asset falls into.



Meisheng Cultural and Creative Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Meisheng Cultural and Creative'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
=(194.19 + 35.195) / 1736.542
=0.13

Meisheng Cultural and Creative'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
=(193.818 + 29.813) / 1630.511
=0.14

* 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.


Meisheng Cultural and Creative  (SZSE:002699) 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.


Meisheng Cultural and Creative Debt-to-Asset Related Terms

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Meisheng Cultural and Creative (SZSE:002699) Business Description

Traded in Other Exchanges
N/A
Address
Xinchang Provincial High-tech Park, Zhejiang Province, Shaoxing, CHN, 312500
Meisheng Cultural and Creative Corp Ltd is a China-based company principally engaged in culture industry related businesses. The company's products mainly include Intellectual Property (IP) derivatives, traditional derivatives, animation, games, films and television and other cultural industry products.
Executives
Zhang Yan Executives
Pan Jing Executives
Shu Min Independent director
Zhu Lin Fang Executives
Xiong Xu Feng Executives
Yuan Xian Miao Directors, executives
Chen Wen Independent director

Meisheng Cultural and Creative (SZSE:002699) Headlines

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