GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Piesat Information Technology Co Ltd (SHSE:688066) » Definitions » Debt-to-Asset

Beijing Piesat Information Technology Co (SHSE:688066) Debt-to-Asset : 0.41 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Beijing Piesat Information Technology Co Debt-to-Asset?

Beijing Piesat Information Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,405 Mil. Beijing Piesat Information Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,171 Mil. Beijing Piesat Information Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥6,317 Mil. Beijing Piesat Information Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.41.


Beijing Piesat Information Technology Co Debt-to-Asset Historical Data

The historical data trend for Beijing Piesat Information Technology 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 Piesat Information Technology Co Debt-to-Asset Chart

Beijing Piesat Information Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.04 0.07 0.17 0.35 0.41

Beijing Piesat Information Technology 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 0.36 0.37 0.38 0.41 0.41

Competitive Comparison of Beijing Piesat Information Technology Co's Debt-to-Asset

For the Software - Infrastructure subindustry, Beijing Piesat Information Technology 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 Piesat Information Technology Co's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Piesat Information Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Beijing Piesat Information Technology Co's Debt-to-Asset falls into.



Beijing Piesat Information Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Beijing Piesat Information Technology 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
=(1497.782 + 1127.251) / 6477.37
=0.41

Beijing Piesat Information Technology 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
=(1405.227 + 1170.874) / 6316.749
=0.41

* 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 Piesat Information Technology Co  (SHSE:688066) 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 Piesat Information Technology Co Debt-to-Asset Related Terms

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


Beijing Piesat Information Technology Co (SHSE:688066) Business Description

Traded in Other Exchanges
N/A
Address
Xingshikou Road, Room 301, 3rd Floor, Building 5, 4th District, Haidian District, Beijing, CHN, 100195
Beijing Piesat Information Technology Co Ltd is a satellite application service provider in China. It is one of the first platform companies in china to engage in satellite applications and spatiotemporal big data empowerment industries. Its business model of digitization and information services, which is a domestic and internationally advanced smart earth spatio-temporal big data service provider. The company provides a full range of products and services which is based on multi-source remote sensing big data that is developed based on the independent intellectual property PIE-Engine remote sensing cloud service platform.

Beijing Piesat Information Technology Co (SHSE:688066) Headlines

No Headlines