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Gloria Material Technology (ROCO:5009) Debt-to-Asset : 0.38 (As of Mar. 2024)


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What is Gloria Material Technology Debt-to-Asset?

Gloria Material Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,332 Mil. Gloria Material Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$11,807 Mil. Gloria Material Technology's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$34,677 Mil. Gloria Material Technology's debt to asset for the quarter that ended in Mar. 2024 was 0.38.


Gloria Material Technology Debt-to-Asset Historical Data

The historical data trend for Gloria Material Technology'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.

Gloria Material Technology Debt-to-Asset Chart

Gloria Material Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.48 0.51 0.49 0.45

Gloria Material Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.45 0.38 0.32 0.43 0.38

Competitive Comparison of Gloria Material Technology's Debt-to-Asset

For the Steel subindustry, Gloria Material Technology'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.


Gloria Material Technology's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Gloria Material Technology's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Gloria Material Technology's Debt-to-Asset falls into.



Gloria Material Technology Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Gloria Material Technology's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2845.928 + 8411.875) / 25258.995
=0.45

Gloria Material Technology'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
=(1331.908 + 11806.778) / 34677.402
=0.38

* 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.


Gloria Material Technology  (ROCO:5009) 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.


Gloria Material Technology Debt-to-Asset Related Terms

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Gloria Material Technology (ROCO:5009) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Xinzhong Road, Xinying District, Tainan, TWN
Gloria Material Technology Corp is mainly engaged in the production and sale of special steel, carbon steel, alloy steel, super alloy and smelting of the raw materials of these products. GMTC provides various quality materials at such as Superalloy, Titanium Alloy, High Speed Steel, Tool Steel, Stainless Steel, various ESR, VAR materials and Quenched-Tempered Steel and has various steel grades. Its product shapes are focused on Round bars and Square bars. The company's products include cold work tool steel, hot work tool steel, and carbon tool steel.

Gloria Material Technology (ROCO:5009) Headlines

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