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Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Debt-to-Asset : 0.07 (As of Mar. 2024)


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What is Shanghai Jinjiang Shipping (Group) Co Debt-to-Asset?

Shanghai Jinjiang Shipping (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥317 Mil. Shanghai Jinjiang Shipping (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥377 Mil. Shanghai Jinjiang Shipping (Group) Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥9,912 Mil. Shanghai Jinjiang Shipping (Group) Co's debt to asset for the quarter that ended in Mar. 2024 was 0.07.


Shanghai Jinjiang Shipping (Group) Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Jinjiang Shipping (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.

* Premium members only.

Shanghai Jinjiang Shipping (Group) Co Debt-to-Asset Chart

Shanghai Jinjiang Shipping (Group) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.01 0.01 0.12 0.16 0.08

Shanghai Jinjiang Shipping (Group) Co Quarterly Data
Dec19 Dec20 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 - 0.13 0.11 0.08 0.07

Competitive Comparison of Shanghai Jinjiang Shipping (Group) Co's Debt-to-Asset

For the Marine Shipping subindustry, Shanghai Jinjiang Shipping (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.


Shanghai Jinjiang Shipping (Group) Co's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shanghai Jinjiang Shipping (Group) Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Jinjiang Shipping (Group) Co's Debt-to-Asset falls into.



Shanghai Jinjiang Shipping (Group) Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Jinjiang Shipping (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
=(399.562 + 436.557) / 9907.791
=0.08

Shanghai Jinjiang Shipping (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
=(316.522 + 376.738) / 9911.65
=0.07

* 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.


Shanghai Jinjiang Shipping (Group) Co  (SHSE:601083) 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.


Shanghai Jinjiang Shipping (Group) Co Debt-to-Asset Related Terms

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Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 98 Huaihai Middle Road, 15th Floor, Admiralty Plaza, Shanghai, CHN, 200021
Shanghai Jinjiang Shipping (Group) Co Ltd is engaged in International and domestic maritime container transportation business.

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