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Hainan Yedao Group Co (SHSE:600238) Debt-to-Asset : 0.24 (As of Mar. 2024)


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What is Hainan Yedao Group Co Debt-to-Asset?

Hainan Yedao Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥101.8 Mil. Hainan Yedao Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥138.5 Mil. Hainan Yedao Group Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥994.8 Mil. Hainan Yedao Group Co's debt to asset for the quarter that ended in Mar. 2024 was 0.24.


Hainan Yedao Group Co Debt-to-Asset Historical Data

The historical data trend for Hainan Yedao Group 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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Hainan Yedao Group Co Debt-to-Asset Chart

Hainan Yedao Group 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 0.24 0.20 0.25 0.25 0.24

Hainan Yedao Group 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 0.26 0.26 0.23 0.24 0.24

Competitive Comparison of Hainan Yedao Group Co's Debt-to-Asset

For the Beverages - Brewers subindustry, Hainan Yedao Group 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.


Hainan Yedao Group Co's Debt-to-Asset Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Hainan Yedao Group Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Hainan Yedao Group Co's Debt-to-Asset falls into.



Hainan Yedao Group Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hainan Yedao Group 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
=(111.64 + 139.487) / 1043.919
=0.24

Hainan Yedao Group 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
=(101.824 + 138.512) / 994.812
=0.24

* 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.


Hainan Yedao Group Co  (SHSE:600238) 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.


Hainan Yedao Group Co Debt-to-Asset Related Terms

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Hainan Yedao Group Co (SHSE:600238) Business Description

Traded in Other Exchanges
N/A
Address
No. 13-1 Longkun North Road, Yedao Building, Haikou, Hainan, CHN, 570105
Hainan Yedao Group Co Ltd deals in health wine, liquor, food and beverage, real estate and trade, and investment.
Executives
Deng Ya Ping Supervisors
Qu Feng Director
Xu Ruo Wei Supervisors
Liu Wen Shou Supervisors
Li Yan Jun Director
Wang Guang Xin senior management

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