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Veken Technology Co (SHSE:600152) Debt-to-Asset : 0.03 (As of Mar. 2024)


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What is Veken Technology Co Debt-to-Asset?

Veken Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥101 Mil. Veken Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Veken Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥3,200 Mil. Veken Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.03.


Veken Technology Co Debt-to-Asset Historical Data

The historical data trend for Veken Technology 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.

Veken Technology Co Debt-to-Asset Chart

Veken Technology 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 0.12 0.17 0.12 0.08 0.04

Veken Technology 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 0.08 0.09 0.05 0.04 0.03

Competitive Comparison of Veken Technology Co's Debt-to-Asset

For the Electronic Components subindustry, Veken Technology 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.


Veken Technology Co's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Veken Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Veken Technology Co's Debt-to-Asset falls into.



Veken Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Veken Technology 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
=(115.874 + 0.308) / 3239.322
=0.04

Veken Technology 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
=(100.565 + 0.433) / 3199.951
=0.03

* 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.


Veken Technology Co  (SHSE:600152) 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.


Veken Technology Co Debt-to-Asset Related Terms

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Veken Technology Co (SHSE:600152) Business Description

Traded in Other Exchanges
N/A
Address
No. 225, Liuting Street, 20th Floor, Yuehu Jinhui Building, Haishu District, Zhejiang, Ningbo, CHN, 315010
Veken Technology Co Ltd is engaged in the manufacturing and sales of lithium-ion batteries. Its products portfolio includes 3C Digital battery and Power battery. The company products cover ares such as passenger car, special vehicle, household appliances, and energy storage batteries. It is also used in smartphones, tablets, notebook, and computers.
Executives
Chen Liang Qin Director
Yang Dong Wen Director
He Cheng Ming Director

Veken Technology Co (SHSE:600152) Headlines

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