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Chang Type Industrial Co (TPE:1541) Debt-to-Asset : 0.26 (As of Mar. 2024)


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What is Chang Type Industrial Co Debt-to-Asset?

Chang Type Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$558 Mil. Chang Type Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$386 Mil. Chang Type Industrial Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$3,692 Mil. Chang Type Industrial Co's debt to asset for the quarter that ended in Mar. 2024 was 0.26.


Chang Type Industrial Co Debt-to-Asset Historical Data

The historical data trend for Chang Type Industrial 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.

Chang Type Industrial Co Debt-to-Asset Chart

Chang Type Industrial 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 0.39 0.33 0.46 0.29 0.32

Chang Type Industrial 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 0.26 0.30 0.29 0.32 0.26

Competitive Comparison of Chang Type Industrial Co's Debt-to-Asset

For the Tools & Accessories subindustry, Chang Type Industrial 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.


Chang Type Industrial Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

* The bar in red indicates where Chang Type Industrial Co's Debt-to-Asset falls into.



Chang Type Industrial Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Chang Type Industrial 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
=(847.712 + 440.631) / 3978.257
=0.32

Chang Type Industrial 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
=(557.66 + 386.2) / 3691.57
=0.26

* 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.


Chang Type Industrial Co  (TPE:1541) 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.


Chang Type Industrial Co Debt-to-Asset Related Terms

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Chang Type Industrial Co (TPE:1541) Business Description

Traded in Other Exchanges
N/A
Address
No 41, Nan-Tsuen Road, Ho-Li, Taichung, TWN, 42127
Chang Type Industrial Co Ltd engages in manufacture, process and sell hand tools, electric machines, motors, power tools, automatic control system, computer machinery, electric test instruments, woodworking machines and metal parts. The Company is also the agent to import and export raw materials for all related products mentioned above and to design various molds and fixtures.. The company's products include miter saws, scroll saws, radial arm saws and band saws and also manufacture motors, IC controls boards for power tools.

Chang Type Industrial Co (TPE:1541) Headlines

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