Grand Ming Group Holdings (HKSE:01271) Debt-to-Asset : 0.62 (As of Sep. 2023)

Grand Ming Group Holdings Debt-to-Asset Chart

Grand Ming Group Holdings Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset		Get a 7-Day Free Trial					0.56	0.45	0.41	0.46	0.57

Grand Ming Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Asset	Get a 7-Day Free Trial															0.40	0.46	0.55	0.57	0.62

Competitive Comparison of Grand Ming Group Holdings's Debt-to-Asset

For the Engineering & Construction subindustry, Grand Ming Group 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.

Grand Ming Group Holdings's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grand Ming Group Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Grand Ming Group Holdings's Debt-to-Asset falls into.

Grand Ming Group Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grand Ming Group Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Grand Ming Group Holdings's Debt-to-Asset for the quarter that ended in Sep. 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.

Grand Ming Group Holdings  (HKSE:01271) 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.

Grand Ming Group Holdings Debt-to-Asset Related Terms

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Grand Ming Group Holdings (HKSE:01271) Business Description