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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Debt-to-Asset : 0.08 (As of Mar. 2024)


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What is Shanghai Automobile Air-Conditioner Accessories Co Debt-to-Asset?

Shanghai Automobile Air-Conditioner Accessories Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥59 Mil. Shanghai Automobile Air-Conditioner Accessories Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥162 Mil. Shanghai Automobile Air-Conditioner Accessories Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,767 Mil. Shanghai Automobile Air-Conditioner Accessories Co's debt to asset for the quarter that ended in Mar. 2024 was 0.08.


Shanghai Automobile Air-Conditioner Accessories Co Debt-to-Asset Historical Data

The historical data trend for Shanghai Automobile Air-Conditioner Accessories 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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Shanghai Automobile Air-Conditioner Accessories Co Debt-to-Asset Chart

Shanghai Automobile Air-Conditioner Accessories Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.14 0.16 0.13 0.17 0.08

Shanghai Automobile Air-Conditioner Accessories Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Dec21 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 - 0.19 0.19 0.08 0.08

Competitive Comparison of Shanghai Automobile Air-Conditioner Accessories Co's Debt-to-Asset

For the Auto Parts subindustry, Shanghai Automobile Air-Conditioner Accessories 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 Automobile Air-Conditioner Accessories Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shanghai Automobile Air-Conditioner Accessories Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Shanghai Automobile Air-Conditioner Accessories Co's Debt-to-Asset falls into.



Shanghai Automobile Air-Conditioner Accessories Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shanghai Automobile Air-Conditioner Accessories 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
=(60.593 + 161.567) / 2829.765
=0.08

Shanghai Automobile Air-Conditioner Accessories 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
=(59.033 + 161.678) / 2767.46
=0.08

* 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 Automobile Air-Conditioner Accessories Co  (SHSE:603107) 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 Automobile Air-Conditioner Accessories Co Debt-to-Asset Related Terms

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Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1188, Lianxi Road, Pudong New Area, Shanghai, CHN, 201204
Website
Shanghai Automobile Air-Conditioner Accessories Co Ltd is engaged in research & development, production and sales of automobile parts such as air conditioning pipes and fuel distribution pipes.

Shanghai Automobile Air-Conditioner Accessories Co (SHSE:603107) Headlines

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