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Beijing Worldia Diamond Tools Co (SHSE:688028) Debt-to-Asset : 0.04 (As of Mar. 2024)


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What is Beijing Worldia Diamond Tools Co Debt-to-Asset?

Beijing Worldia Diamond Tools Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥53.5 Mil. Beijing Worldia Diamond Tools Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥34.2 Mil. Beijing Worldia Diamond Tools Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,199.5 Mil. Beijing Worldia Diamond Tools Co's debt to asset for the quarter that ended in Mar. 2024 was 0.04.

Beijing Worldia Diamond Tools Co Debt-to-Asset Historical Data

The historical data trend for Beijing Worldia Diamond Tools 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.

Beijing Worldia Diamond Tools Co Debt-to-Asset Chart

Beijing Worldia Diamond Tools Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial - - - 0.01 0.01

Beijing Worldia Diamond Tools 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 - 0.01 0.01 0.01 0.04

Competitive Comparison of Beijing Worldia Diamond Tools Co's Debt-to-Asset

For the Tools & Accessories subindustry, Beijing Worldia Diamond Tools 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.

Beijing Worldia Diamond Tools Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Worldia Diamond Tools Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Worldia Diamond Tools Co's Debt-to-Asset falls into.


Beijing Worldia Diamond Tools Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Beijing Worldia Diamond Tools 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
=(18.266 + 1.145) / 2132.917
=0.01

Beijing Worldia Diamond Tools 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
=(53.495 + 34.173) / 2199.542
=0.04

* 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.

Beijing Worldia Diamond Tools Co  (SHSE:688028) 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.

Beijing Worldia Diamond Tools Co Debt-to-Asset Related Terms

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

Beijing Worldia Diamond Tools Co (SHSE:688028) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Worldia Diamond Tools Co Ltd (SHSE:688028) » Definitions » Debt-to-Asset
Comparable Companies
SZSE:002823 SHSE:605389 SZSE:300193 SZSE:002337 SHSE:688257 SZSE:300488 SZSE:300011 SZSE:301319 SHSE:603617 SZSE:002282 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
No.1, Jiuxianqiao Road East Road, Room H-03, 5th Floor, 7-12, Building 7, Chaoyang District, Beijing, CHN, 100015
Website
http://www.worldiatools.com
Beijing Worldia Diamond Tools Co Ltd is engaged in the research and development, production, sales and service of high precision diamond cutting tools. Th company's product catalogue mainly covers high precision cutting tools, diamond scribing wheels and related accessories. The cutting tools offered by the company are widely applied in automotive, electronic, new energy, and other industries.
Executives
Sun Xue Yuan Supervisors
Zhang Zong Chao Directors, senior managers, core technical personn
Fan Xiao Yan Director
Chen Ji Feng Directors, senior managers, core technical personn
Xu Wei senior management
Chen Huan Chao senior management
Tang Wen Lin Directors, senior managers, core technical personn
Liu Chun Lan Supervisors
Tian Yu Director
Li Shu Hui Director

Beijing Worldia Diamond Tools Co (SHSE:688028) Headlines

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