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Suzhou Victory Precision Manufacture Co (SZSE:002426) Debt-to-Asset : 0.26 (As of Mar. 2024)


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What is Suzhou Victory Precision Manufacture Co Debt-to-Asset?

Suzhou Victory Precision Manufacture Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,753 Mil. Suzhou Victory Precision Manufacture Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥167 Mil. Suzhou Victory Precision Manufacture Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,425 Mil. Suzhou Victory Precision Manufacture Co's debt to asset for the quarter that ended in Mar. 2024 was 0.26.


Suzhou Victory Precision Manufacture Co Debt-to-Asset Historical Data

The historical data trend for Suzhou Victory Precision Manufacture 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.

Suzhou Victory Precision Manufacture Co Debt-to-Asset Chart

Suzhou Victory Precision Manufacture Co 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 0.34 0.27 0.27 0.28 0.27

Suzhou Victory Precision Manufacture 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 0.27 0.26 0.25 0.27 0.26

Competitive Comparison of Suzhou Victory Precision Manufacture Co's Debt-to-Asset

For the Metal Fabrication subindustry, Suzhou Victory Precision Manufacture 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.


Suzhou Victory Precision Manufacture Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Victory Precision Manufacture Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Suzhou Victory Precision Manufacture Co's Debt-to-Asset falls into.



Suzhou Victory Precision Manufacture Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Suzhou Victory Precision Manufacture 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
=(1845.743 + 150) / 7507.735
=0.27

Suzhou Victory Precision Manufacture 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
=(1752.955 + 167.05) / 7425.487
=0.26

* 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.


Suzhou Victory Precision Manufacture Co  (SZSE:002426) 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.


Suzhou Victory Precision Manufacture Co Debt-to-Asset Related Terms

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Suzhou Victory Precision Manufacture Co (SZSE:002426) Business Description

Traded in Other Exchanges
N/A
Address
No 55 Xujing Road Xuguan, Industry Zone, Suzhou New District, Suzhou, CHN, 215151
Suzhou Victory Precision Manufacture Co Ltd is engaged in the business of manufacturing, designing, and selling precision mechanical parts. The products of the company are used in the television industry, notebook computers, and back covers.
Executives
Gao Yu Gen Directors, executives
Wu Jia Fu Directors, executives
Chen Xi Supervisors
Bao Yan Qing Directors, executives
Cao Hai Feng Directors, executives
Chen Xiao Ming Supervisors
Chen Yan Liang Director
Gao Xue Song Directors, executives
Xu Jia Jin Director
Rui Yan Nian Independent director
Zhang Hai Long Executives

Suzhou Victory Precision Manufacture Co (SZSE:002426) Headlines

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