Fubon Financial Holdings Co (LUX:199138) LT-Debt-to-Total-Asset : 0.04 (As of Mar. 2024)

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What is Fubon Financial Holdings Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Fubon Financial Holdings Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.04.

Fubon Financial Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.04). It may suggest that Fubon Financial Holdings Co is progressively becoming more dependent on debt to grow their business.

Fubon Financial Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fubon Financial Holdings Co's LT-Debt-to-Total-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.

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Fubon Financial Holdings Co LT-Debt-to-Total-Asset Chart

Fubon Financial Holdings Co Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec22

Dec23

LT-Debt-to-Total-Asset

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0.04

0.03

0.04

Fubon Financial Holdings Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

Fubon Financial Holdings Co LT-Debt-to-Total-Asset Calculation

Fubon Financial Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	13049.304	/	355384.933
	=	0.04

Fubon Financial Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	13469.503	/	363695.576
	=	0.04

Fubon Financial Holdings Co (LUX:199138) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Fubon Financial Holdings Co LT-Debt-to-Total-Asset Related Terms

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Fubon Financial Holdings Co (LUX:199138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fubon Financial Holdings Co Ltd (LUX:199138) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

2881B.PFD:Taiwan 2881A.PFD:Taiwan 2881:Taiwan

Address

No. 179, Liaoning Street, 15-16th Floor, Zhongshan District, Taipei, TWN, 104

Website

https://www.fubon.com

Fubon Financial Holdings Co Ltd is a full-service financial holding company. The company's segments include Bank business; Insurance business; Life insurance business; Securities business and others. It generates maximum revenue from Insurance business segment. The Insurance business segment provides a variety of life and property insurance services. Its Bank business segment is engaged in banking business. Geographically, it derives a majority of its revenue from Taiwan.

Fubon Financial Holdings Co (LUX:199138) Headlines

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