Shandong Hi-Speed Holdings Group (FRA:HRI) Debt-to-Asset : 0.69 (As of Dec. 2023)

Shandong Hi-Speed Holdings Group Debt-to-Asset Chart

Shandong Hi-Speed Holdings Group Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Asset		Get a 7-Day Free Trial					0.54	0.60	0.61	0.69	0.69

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.61	0.66	0.69	0.72	0.69

Competitive Comparison of Shandong Hi-Speed Holdings Group's Debt-to-Asset

For the Asset Management subindustry, Shandong Hi-Speed Holdings Group'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.

Shandong Hi-Speed Holdings Group's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Shandong Hi-Speed Holdings Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shandong Hi-Speed Holdings Group's Debt-to-Asset falls into.

Shandong Hi-Speed Holdings Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shandong Hi-Speed Holdings Group's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Shandong Hi-Speed Holdings Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Shandong Hi-Speed Holdings Group  (FRA:HRI) 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.

Shandong Hi-Speed Holdings Group Debt-to-Asset Related Terms

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

Shandong Hi-Speed Holdings Group (FRA:HRI) Business Description