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Wuxi DK Electronic Materials Co (SZSE:300842) Debt-to-Asset : 0.34 (As of Mar. 2024)


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What is Wuxi DK Electronic Materials Co Debt-to-Asset?

Wuxi DK Electronic Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,546 Mil. Wuxi DK Electronic Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2 Mil. Wuxi DK Electronic Materials Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥7,538 Mil. Wuxi DK Electronic Materials Co's debt to asset for the quarter that ended in Mar. 2024 was 0.34.


Wuxi DK Electronic Materials Co Debt-to-Asset Historical Data

The historical data trend for Wuxi DK Electronic Materials 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.

Wuxi DK Electronic Materials Co Debt-to-Asset Chart

Wuxi DK Electronic Materials Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.31 0.43 0.49 0.47 0.40

Wuxi DK Electronic Materials 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 0.47 0.49 0.47 0.40 0.34

Competitive Comparison of Wuxi DK Electronic Materials Co's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Wuxi DK Electronic Materials 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.


Wuxi DK Electronic Materials Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi DK Electronic Materials Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wuxi DK Electronic Materials Co's Debt-to-Asset falls into.



Wuxi DK Electronic Materials Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wuxi DK Electronic Materials 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
=(2678.3 + 2.124) / 6784.718
=0.40

Wuxi DK Electronic Materials 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
=(2545.7 + 2.164) / 7537.616
=0.34

* 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.


Wuxi DK Electronic Materials Co  (SZSE:300842) 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.


Wuxi DK Electronic Materials Co Debt-to-Asset Related Terms

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Wuxi DK Electronic Materials Co (SZSE:300842) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Yongning Road, Qiting Street, Building B2, Phase II, Pioneer Park, Yixing City, Jiangsu Province, Wuxi, CHN, 214200
Wuxi DK Electronic Materials Co Ltd is a technology company engaged in research and development of performance materials for display and energy industries. It embodies an ideal mix of technical know-how and intellectual property across nanomaterial synthesis, ink/paste/adhesive formulation, narrow line printing, thin film coating, and device fabrication. Its product includes Front Silver Metallization Paste for Silicon Solar Cell.

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