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Yechiu Metal Recycling (China) (SHSE:601388) Debt-to-Asset : 0.18 (As of Mar. 2024)


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What is Yechiu Metal Recycling (China) Debt-to-Asset?

Yechiu Metal Recycling (China)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥576 Mil. Yechiu Metal Recycling (China)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥423 Mil. Yechiu Metal Recycling (China)'s Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥5,697 Mil. Yechiu Metal Recycling (China)'s debt to asset for the quarter that ended in Mar. 2024 was 0.18.


Yechiu Metal Recycling (China) Debt-to-Asset Historical Data

The historical data trend for Yechiu Metal Recycling (China)'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.

Yechiu Metal Recycling (China) Debt-to-Asset Chart

Yechiu Metal Recycling (China) 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 0.33 0.26 0.20 0.15 0.15

Yechiu Metal Recycling (China) 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 0.19 0.17 0.17 0.15 0.18

Competitive Comparison of Yechiu Metal Recycling (China)'s Debt-to-Asset

For the Aluminum subindustry, Yechiu Metal Recycling (China)'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.


Yechiu Metal Recycling (China)'s Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Yechiu Metal Recycling (China)'s Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Yechiu Metal Recycling (China)'s Debt-to-Asset falls into.



Yechiu Metal Recycling (China) Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Yechiu Metal Recycling (China)'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
=(401.453 + 446.712) / 5682.435
=0.15

Yechiu Metal Recycling (China)'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
=(576.206 + 422.642) / 5696.873
=0.18

* 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.


Yechiu Metal Recycling (China)  (SHSE:601388) 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.


Yechiu Metal Recycling (China) Debt-to-Asset Related Terms

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Yechiu Metal Recycling (China) (SHSE:601388) Business Description

Traded in Other Exchanges
N/A
Address
No.88 Hufuhuang Road, Fuqiao Town, Jiangsu, Taicang, CHN
Yechiu Metal Recycling (China) Ltd is engaged in the recycling, sorting, processing, melting and processing of metal resources. It involves in the collection of aluminum scrap resources from waste automobiles, construction materials, home appliances, etc. Its products are aluminum alloy ingots of various specifications and models. The products are widely used in automobiles, electrical appliances, machinery, construction, electricity, transportation, computers, packaging, hardware and other fields.
Executives
Liu Kai Min Director
Li Yi Hui Director
Gao Yu Lan senior management
senior management

Yechiu Metal Recycling (China) (SHSE:601388) Headlines

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