Sunresin New Materials Co Xi'an (SZSE:300487) Debt-to-Asset : 0.08 (As of Mar. 2024)

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What is Sunresin New Materials Co Xi'an Debt-to-Asset?

Sunresin New Materials Co Xi'an's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥48 Mil. Sunresin New Materials Co Xi'an's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥399 Mil. Sunresin New Materials Co Xi'an's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥5,830 Mil. Sunresin New Materials Co Xi'an's debt to asset for the quarter that ended in Mar. 2024 was 0.08.

Sunresin New Materials Co Xi'an Debt-to-Asset Historical Data

The historical data trend for Sunresin New Materials Co Xi'an'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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Sunresin New Materials Co Xi'an Debt-to-Asset Chart

Sunresin New Materials Co Xi'an Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.15

0.08

0.04

0.01

0.08

Sunresin New Materials Co Xi'an 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															0.01	0.08	0.08	0.08	0.08

Competitive Comparison of Sunresin New Materials Co Xi'an's Debt-to-Asset

For the Chemicals subindustry, Sunresin New Materials Co Xi'an'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.

Sunresin New Materials Co Xi'an's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sunresin New Materials Co Xi'an's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Sunresin New Materials Co Xi'an's Debt-to-Asset falls into.

Sunresin New Materials Co Xi'an Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sunresin New Materials Co Xi'an'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
	=	(43.667	+	390.268)	/	5695.042
	=	0.08

Sunresin New Materials Co Xi'an'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
	=	(48.085	+	398.663)	/	5830.032
	=	0.08

Sunresin New Materials Co Xi'an (SZSE:300487) 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.

Sunresin New Materials Co Xi'an Debt-to-Asset Related Terms

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Sunresin New Materials Co Xi'an (SZSE:300487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sunresin New Materials Co Ltd Xi'an (SZSE:300487) » Definitions » Debt-to-Asset

Traded in Other Exchanges

N/A

Address

No. 135, Jinye Road, Xi'an High-tech Development Zone, Sunresin Park, Shaanxi, CHN, 710076

Website

http://www.sunresin.com

Sunresin New Materials Co Ltd Xi'an is engaged in the research and development, manufacture, and sale of adsorption and separation polymeric resins and equipment. The company products are used in food and beverage purification, pharmaceuticals, herbal extracts, enzyme immobilization, chromatography media, membrane caustic soda, solid phase synthesis, biodiesel purification, hydrometallurgy, mining, precious metal recycling, aquarium treatment, and others.

Executives

An Yuan	Directors, executives
Li Sui Dang	Director
Li Yan Jun	Supervisors
Fan Wen Min	Supervisors
Wei Wei Jun	Directors, executives
Kou Xiao Kang	Directors, executives
Gao Yue Jing	Director
Zhang Cheng	Directors, executives
Yang Ya Ling	Supervisors
Wang Ri Sheng	Supervisors
Xu Shu E	Supervisors
Guan Li Min	Directors, executives
Su Bi Wu	Supervisors
Tian Xiao Jun	Directors, executives

Sunresin New Materials Co Xi'an (SZSE:300487) Headlines

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