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CNGR Advanced Materials Co (SZSE:300919) Debt-to-Asset : 0.38 (As of Mar. 2024)


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What is CNGR Advanced Materials Co Debt-to-Asset?

CNGR Advanced Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥6,667 Mil. CNGR Advanced Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥17,392 Mil. CNGR Advanced Materials Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was ¥64,177 Mil. CNGR Advanced Materials Co's debt to asset for the quarter that ended in Mar. 2024 was 0.37.


CNGR Advanced Materials Co Debt-to-Asset Historical Data

The historical data trend for CNGR Advanced 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.

CNGR Advanced Materials Co Debt-to-Asset Chart

CNGR Advanced Materials Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial 0.15 0.18 0.23 0.40 0.36

CNGR Advanced 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 0.38 0.41 0.38 0.36 0.38

Competitive Comparison of CNGR Advanced Materials Co's Debt-to-Asset

For the Specialty Chemicals subindustry, CNGR Advanced 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.


CNGR Advanced Materials Co's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNGR Advanced Materials Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where CNGR Advanced Materials Co's Debt-to-Asset falls into.



CNGR Advanced Materials Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

CNGR Advanced 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
=(6535.225 + 15561.269) / 62186.284
=0.36

CNGR Advanced 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
=(6667.228 + 17391.848) / 64177.305
=0.37

* 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.


CNGR Advanced Materials Co  (SZSE:300919) 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.


CNGR Advanced Materials Co Debt-to-Asset Related Terms

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CNGR Advanced Materials Co (SZSE:300919) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Base, No. 2 Trunk Road and No. 1 Trunk Road, Dalong Economic Development Zone, Guizhou Province, Tongren, CHN, 554001
CNGR Advanced Materials Co Ltd is engaged in the research and development, production, processing and sales of lithium battery cathode material precursors. The main products include ternary precursors and cobalt tetroxide, which are used to produce ternary cathode materials and lithium cobalt oxide cathode materials.
Executives
He Qi Zhong Supervisors

CNGR Advanced Materials Co (SZSE:300919) Headlines

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