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China Development Bank Financial Leasing Co (HKSE:01606) Debt-to-Asset : 0.84 (As of Dec. 2023)


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What is China Development Bank Financial Leasing Co Debt-to-Asset?

China Development Bank Financial Leasing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$270,519 Mil. China Development Bank Financial Leasing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$104,502 Mil. China Development Bank Financial Leasing Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was HK$448,116 Mil. China Development Bank Financial Leasing Co's debt to asset for the quarter that ended in Dec. 2023 was 0.84.


China Development Bank Financial Leasing Co Debt-to-Asset Historical Data

The historical data trend for China Development Bank Financial Leasing 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.

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China Development Bank Financial Leasing Co Debt-to-Asset Chart

China Development Bank Financial Leasing 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 0.84 0.85 0.86 0.84 0.84

China Development Bank Financial Leasing Co Semi-Annual Data
Dec13 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 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 0.86 0.85 0.84 0.82 0.84

Competitive Comparison of China Development Bank Financial Leasing Co's Debt-to-Asset

For the Rental & Leasing Services subindustry, China Development Bank Financial Leasing 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.


China Development Bank Financial Leasing Co's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Development Bank Financial Leasing Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where China Development Bank Financial Leasing Co's Debt-to-Asset falls into.



China Development Bank Financial Leasing Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

China Development Bank Financial Leasing 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
=(270518.544 + 104502.476) / 448115.634
=0.84

China Development Bank Financial Leasing Co'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
=(270518.544 + 104502.476) / 448115.634
=0.84

* 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.


China Development Bank Financial Leasing Co  (HKSE:01606) 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.


China Development Bank Financial Leasing Co Debt-to-Asset Related Terms

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China Development Bank Financial Leasing Co (HKSE:01606) Business Description

Traded in Other Exchanges
Address
No. 2003 Fuzhong, Third Road, CDB Financial Center, Futian District, Guangdong Province, Shenzhen, CHN, 518026
China Development Bank Financial Leasing Co Ltd is engaged in providing leasing services to customers in industries such as aviation, infrastructure, shipping, commercial vehicle, and construction machinery. The operating business segments are Aircraft Leasing, Infrastructure Leasing, Ship Leasing, Inclusive Finance, and Other Leasing businesses. The activities of the company include finance lease business, accepting lease deposits, interbank lending, an project consultancy, and providing a guarantee.

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