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Fujian Zitian Media Technology Co (SZSE:300280) Debt-to-Asset : 0.07 (As of Mar. 2024)


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What is Fujian Zitian Media Technology Co Debt-to-Asset?

Fujian Zitian Media Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥215 Mil. Fujian Zitian Media Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1 Mil. Fujian Zitian Media Technology Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥2,921 Mil. Fujian Zitian Media Technology Co's debt to asset for the quarter that ended in Mar. 2024 was 0.07.


Fujian Zitian Media Technology Co Debt-to-Asset Historical Data

The historical data trend for Fujian Zitian Media 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.

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Fujian Zitian Media Technology Co Debt-to-Asset Chart

Fujian Zitian Media Technology 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 0.03 0.05 0.04 0.09 0.10

Fujian Zitian Media 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 0.08 0.09 0.08 0.10 0.07

Competitive Comparison of Fujian Zitian Media Technology Co's Debt-to-Asset

For the Advertising Agencies subindustry, Fujian Zitian Media 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.


Fujian Zitian Media Technology Co's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fujian Zitian Media Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fujian Zitian Media Technology Co's Debt-to-Asset falls into.



Fujian Zitian Media Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fujian Zitian Media 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
=(341.463 + 0.175) / 3406.12
=0.10

Fujian Zitian Media Technology Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

* 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 Zitian Media Technology Co  (SZSE:300280) 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 Zitian Media Technology Co Debt-to-Asset Related Terms

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Fujian Zitian Media Technology Co (SZSE:300280) Business Description

Traded in Other Exchanges
N/A
Address
South side of Aofeng Road, Aofeng Street, Property building on the first floor of Chuangshi Building, Taijiang District, Fujian Province, Fuzhou, CHN, 350004
Fujian Zitian Media Technology Co Ltd is engaged in the business of modern advertising service business, including building media advertising and Internet advertising.

Fujian Zitian Media Technology Co (SZSE:300280) Headlines

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