Ableprint Technology Co (ROCO:7734) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

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What is Ableprint Technology 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. Ableprint Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

Ableprint Technology Co's long-term debt to total assets ratio increased from Dec. 2021 (0.13) to Dec. 2023 (0.14). It may suggest that Ableprint Technology Co is progressively becoming more dependent on debt to grow their business.

Ableprint Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ableprint Technology 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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Ableprint Technology Co LT-Debt-to-Total-Asset Chart

Ableprint Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.11

0.13

0.12

0.14

Ableprint Technology Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.13	-	0.12	0.17	0.14

Ableprint Technology Co LT-Debt-to-Total-Asset Calculation

Ableprint Technology 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 )
	=	496.181	/	3447.573
	=	0.14

Ableprint Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	496.181	/	3447.573
	=

Ableprint Technology Co (ROCO:7734) 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.

Ableprint Technology Co LT-Debt-to-Total-Asset Related Terms

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Ableprint Technology Co (ROCO:7734) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ableprint Technology Co Ltd (ROCO:7734) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 173, Dahu Road, Xiangshan District, Hsinchu, TWN, 300110

Website

http://www.ableprint.com.tw

Ableprint Technology Co Ltd is a company that provides solutions to advanced packaging process problems as an entry into the entrepreneurial market, provide a complete set of systems to solve problems and reduce manufacturing costs.

Ableprint Technology Co (ROCO:7734) Headlines

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