Zhejiang Tongxing Technology Co (SZSE:301252) Debt-to-Asset : 0.04 (As of Mar. 2024)

Zhejiang Tongxing Technology Co Debt-to-Asset Chart

Zhejiang Tongxing Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial										0.11	0.07	0.07	0.05	0.04

Competitive Comparison of Zhejiang Tongxing Technology Co's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Zhejiang Tongxing 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.

Zhejiang Tongxing Technology Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Tongxing Technology Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Zhejiang Tongxing Technology Co's Debt-to-Asset falls into.

Zhejiang Tongxing Technology Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Zhejiang Tongxing Technology Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Zhejiang Tongxing 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.

Zhejiang Tongxing Technology Co  (SZSE:301252) 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.

Zhejiang Tongxing Technology Co Debt-to-Asset Related Terms

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Zhejiang Tongxing Technology Co (SZSE:301252) Business Description