Sumec (SHSE:600710) Debt-to-Asset : 0.13 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sumec Debt-to-Asset?

Sumec's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,822 Mil. Sumec's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,301 Mil. Sumec's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥56,254 Mil. Sumec's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Sumec Debt-to-Asset Historical Data

The historical data trend for Sumec'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.

Sumec Debt-to-Asset Chart

Sumec Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.24

0.17

0.18

0.08

0.11

Sumec 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															0.11	0.10	0.12	0.11	0.13

Competitive Comparison of Sumec's Debt-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Sumec'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.

Sumec's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sumec's Debt-to-Asset distribution charts can be found below:

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

Sumec Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sumec'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
	=	(3801.684	+	2069.672)	/	52311.647
	=	0.11

Sumec'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
	=	(4821.938	+	2300.716)	/	56254.085
	=	0.13

Sumec (SHSE:600710) 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.

Sumec Debt-to-Asset Related Terms

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

Sumec (SHSE:600710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Sumec Corp Ltd (SHSE:600710) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

Changjiang Road, SUMEC Building, No. 198, Xuanwu District, Nanjing, CHN, 210018

Website

http://www.sumec.com

Sumec Corp Ltd is engaged in trade and service, engineering contracting, and investment and development. The trade and service cover import and export of the bulk commodities including gardening instruments, electric tools, high-pressure washer, power generation equipment, garment, household textiles, automobile parts, medical devices, and others. Engineering contracting includes environmental engineering, energy engineering, and marine engineering; investment development includes strategic investment, industrial investment, project investment and financial investment.

Executives

Zhao Jian Guo	senior management
Cai Ji Bo	Director
Yang Guo Feng	Supervisors
Peng Yuan Pu	senior management
Jin Yong Chuan	senior management
Yang Yong Qing	Director
Gu Jian Su	senior management
Chen Wei	senior management
Wu Jian Ping	Supervisors
Wang Wei Yan	Director
Zou Jian Mao	senior management
Jin Rong Hua	Supervisors

Sumec (SHSE:600710) Headlines

No Headlines