GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Asia Vital Components Co Ltd (TPE:3017) » Definitions » LT-Debt-to-Total-Asset

Asia Vital Components Co (TPE:3017) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Asia Vital Components 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. Asia Vital Components Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

Asia Vital Components Co's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.08). It may suggest that Asia Vital Components Co is progressively becoming less dependent on debt to grow their business.


Asia Vital Components Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia Vital Components 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.

* Premium members only.

Asia Vital Components Co LT-Debt-to-Total-Asset Chart

Asia Vital Components Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.14 0.13 0.13 0.09

Asia Vital Components 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 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 0.13 0.11 0.10 0.09 0.08

Asia Vital Components Co LT-Debt-to-Total-Asset Calculation

Asia Vital Components 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 )
=6246.378/71667.217
=0.09

Asia Vital Components 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 )
=6034.482/74786.249
=0.08

* 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.


Asia Vital Components Co  (TPE:3017) 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.


Asia Vital Components Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Asia Vital Components Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Vital Components Co (TPE:3017) Business Description

Traded in Other Exchanges
Address
No.248-27, Xinsheng Road, Qianzhen District, Kaohsiung, TWN, 806
Asia Vital Components Co Ltd is a components manufacturer company. It has a large product portfolio consisting of cooling products, fans and blowers, casings, hinges, camera modules, touch panels, and system assembly solutions. The cooling technology used by the firm ranges from natural convection, forced convection, and evaporation conduction to liquid cooling and thermoelectric cooling. These technologies are integrated into computers, telecommunication equipment, and transportation, and other industrial applications. Its geographical segments are Asia, America, Europe, and Others.

Asia Vital Components Co (TPE:3017) Headlines

No Headlines