Evergreen International Storage & Transport (TPE:2607) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is Evergreen International Storage & Transport 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. Evergreen International Storage & Transport's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

Evergreen International Storage & Transport's long-term debt to total assets ratio declined from Mar. 2023 (0.12) to Mar. 2024 (0.09). It may suggest that Evergreen International Storage & Transport is progressively becoming less dependent on debt to grow their business.

Evergreen International Storage & Transport LT-Debt-to-Total-Asset Historical Data

The historical data trend for Evergreen International Storage & Transport'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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Evergreen International Storage & Transport LT-Debt-to-Total-Asset Chart

Evergreen International Storage & Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.14

0.17

0.14

0.10

Evergreen International Storage & Transport 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															0.12	0.11	0.10	0.10	0.09

Evergreen International Storage & Transport LT-Debt-to-Total-Asset Calculation

Evergreen International Storage & Transport'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 )
	=	4277.671	/	43418.01
	=	0.10

Evergreen International Storage & Transport'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 )
	=	4213.833	/	44748.272
	=	0.09

Evergreen International Storage & Transport (TPE:2607) 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.

Evergreen International Storage & Transport LT-Debt-to-Total-Asset Related Terms

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Evergreen International Storage & Transport (TPE:2607) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Evergreen International Storage & Transport Corp (TPE:2607) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

899, Ching Kuo Road, Taoyuan District, Taoyuan, TWN

Website

https://www.evergreen-eitc.com.tw

Evergreen International Storage & Transport Corp is a transportation and logistics company domiciled in Taiwan. The company organizes itself into five product lines: inland transportation, international marine transportation, container terminals, gasoline stations, and others. Inland transportation, which is the largest segment by revenue, transports cargo inland and provides passenger transportation services. International marine transportation, the second-largest segment, transports cargo internationally and provides ship chartering. The container terminals segment leases and operate container ports. The gasoline station segment operates refueling stations. The company generates the majority of its revenue in Taiwan.

Evergreen International Storage & Transport (TPE:2607) Headlines

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