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Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Debt-to-Asset : 0.38 (As of Mar. 2024)


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What is Guangdong Taiantang Pharmaceutical Co Debt-to-Asset?

Guangdong Taiantang Pharmaceutical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,174.7 Mil. Guangdong Taiantang Pharmaceutical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥74.2 Mil. Guangdong Taiantang Pharmaceutical Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥3,284.1 Mil. Guangdong Taiantang Pharmaceutical Co's debt to asset for the quarter that ended in Mar. 2024 was 0.38.


Guangdong Taiantang Pharmaceutical Co Debt-to-Asset Historical Data

The historical data trend for Guangdong Taiantang Pharmaceutical 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.

Guangdong Taiantang Pharmaceutical Co Debt-to-Asset Chart

Guangdong Taiantang Pharmaceutical 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 0.25 0.28 0.13 0.16 0.37

Guangdong Taiantang Pharmaceutical 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 0.14 0.14 0.14 0.37 0.38

Competitive Comparison of Guangdong Taiantang Pharmaceutical Co's Debt-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Guangdong Taiantang Pharmaceutical 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.


Guangdong Taiantang Pharmaceutical Co's Debt-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Guangdong Taiantang Pharmaceutical Co's Debt-to-Asset distribution charts can be found below:

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



Guangdong Taiantang Pharmaceutical Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Guangdong Taiantang Pharmaceutical 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
=(1176.972 + 74.811) / 3343.704
=0.37

Guangdong Taiantang Pharmaceutical 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
=(1174.725 + 74.211) / 3284.118
=0.38

* 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.


Guangdong Taiantang Pharmaceutical Co  (SZSE:002433) 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.


Guangdong Taiantang Pharmaceutical Co Debt-to-Asset Related Terms

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Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 North Sichuan Road, 25th Floor, Haitai International Building, Hongkou District, Shanghai, CHN, 200080
Guangdong Taiantang Pharmaceutical Co Ltd is a China-based pharmaceutical company engaged in the research, manufacture and sale of high-effect skin-drugs.
Executives
Ke Shao Fang Directors, executives
Hu Qing Guang Director
Song Xiu Qing Director
Ke Shu Quan Director

Guangdong Taiantang Pharmaceutical Co (SZSE:002433) Headlines

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