Xinyi Solar Holdings (HKSE:00968) Debt-to-Asset : 0.19 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Xinyi Solar Holdings Debt-to-Asset?

Xinyi Solar Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,968 Mil. Xinyi Solar Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4,545 Mil. Xinyi Solar Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$60,433 Mil. Xinyi Solar Holdings's debt to asset for the quarter that ended in Dec. 2023 was 0.19.

Xinyi Solar Holdings Debt-to-Asset Historical Data

The historical data trend for Xinyi Solar Holdings'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.

Xinyi Solar Holdings Debt-to-Asset Chart

Xinyi Solar Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.26

0.16

0.18

0.19

Xinyi Solar Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.18	0.16	0.18	0.18	0.19

Competitive Comparison of Xinyi Solar Holdings's Debt-to-Asset

For the Solar subindustry, Xinyi Solar Holdings'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.

Xinyi Solar Holdings's Debt-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xinyi Solar Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Xinyi Solar Holdings's Debt-to-Asset falls into.

Xinyi Solar Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Xinyi Solar Holdings'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
	=	(6968.03	+	4544.977)	/	60432.994
	=	0.19

Xinyi Solar Holdings's Debt-to-Asset for the quarter 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
	=	(6968.03	+	4544.977)	/	60432.994
	=	0.19

Xinyi Solar Holdings (HKSE:00968) 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.

Xinyi Solar Holdings Debt-to-Asset Related Terms

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

Xinyi Solar Holdings (HKSE:00968) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xinyi Solar Holdings Ltd (HKSE:00968) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

XISHY:USA XNYIF:USA 13X:Germany

Address

Xinyi PV Glass Industrial Zone, 2 Xinyi Road, Wuhu Economic and Technology Development Zone, Anhui Province, Wuhu, CHN, 241009

Website

https://www.xinyisolar.com

Xinyi Solar Holdings Ltd is an investment holding company. Its activities consist of the production and sale of solar glass products, the development and operation of solar farms, and the provision of engineering, procurement, and construction (EPC) services. The company's segments include sales of solar glass; solar farm business which includes solar farm development and solar power generation; and EPC services. It derives revenue from two core business segments, namely the sale and manufacturing of solar glass and solar farm business. Its operations are held in the People's Republic of China and Other countries.

Executives

Tung Ching Sai	2202 Interest of your spouse
Lee Yin Yee	2401 A concert party to an agreement to buy shares
Tung Ching Bor	2401 A concert party to an agreement to buy shares
Lee Sing Din	2401 A concert party to an agreement to buy shares
Li Ching Leung	2401 A concert party to an agreement to buy shares
Li Ching Wai	2401 A concert party to an agreement to buy shares
Ng Ngan Ho	2401 A concert party to an agreement to buy shares
Sze Nang Sze	2401 A concert party to an agreement to buy shares
Xinyi Glass Holdings Limited	2101 Beneficial owner
Blackrock, Inc.	2201 Interest of corporation controlled by you
Jpmorgan Chase & Co.	2102 Investment manager
Realbest Investment Limited	2101 Beneficial owner

Xinyi Solar Holdings (HKSE:00968) Headlines

No Headlines