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Fujian Jinsen Forestry Co (SZSE:002679) Debt-to-Asset : 0.60 (As of Mar. 2024)


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What is Fujian Jinsen Forestry Co Debt-to-Asset?

Fujian Jinsen Forestry Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥190.4 Mil. Fujian Jinsen Forestry Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,008.1 Mil. Fujian Jinsen Forestry Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥1,994.7 Mil. Fujian Jinsen Forestry Co's debt to asset for the quarter that ended in Mar. 2024 was 0.60.


Fujian Jinsen Forestry Co Debt-to-Asset Historical Data

The historical data trend for Fujian Jinsen Forestry 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.

Fujian Jinsen Forestry Co Debt-to-Asset Chart

Fujian Jinsen Forestry 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 0.51 0.53 0.56 0.56 0.59

Fujian Jinsen Forestry 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 0.61 0.63 0.62 0.59 0.60

Competitive Comparison of Fujian Jinsen Forestry Co's Debt-to-Asset

For the Lumber & Wood Production subindustry, Fujian Jinsen Forestry 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.


Fujian Jinsen Forestry Co's Debt-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Fujian Jinsen Forestry Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujian Jinsen Forestry Co's Debt-to-Asset falls into.



Fujian Jinsen Forestry Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fujian Jinsen Forestry 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
=(171.757 + 1040.423) / 2049.947
=0.59

Fujian Jinsen Forestry 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
=(190.375 + 1008.113) / 1994.727
=0.60

* 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.


Fujian Jinsen Forestry Co  (SZSE:002679) 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.


Fujian Jinsen Forestry Co Debt-to-Asset Related Terms

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Fujian Jinsen Forestry Co (SZSE:002679) Business Description

Traded in Other Exchanges
N/A
Address
No.16,South Shuinansanhua Rd, Fujian Province, Sanming, CHN
Fujian Jinsen Forestry Co Ltd is the forest resource cultivation enterprise in China. The principal business activities of the company include forest management, afforestation, and renewal; planting of flowers and other horticultural plants. In addition, the company sales wood products, bamboo products, and primary agricultural products. The company also invest in forestry and agricultural projects.
Executives
Zhuang Zi Min Supervisors
Liao Chen Hui Supervisors

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