Taiwan Mobile Co (TPE:3045) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

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What is Taiwan Mobile 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. Taiwan Mobile Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

Taiwan Mobile Co's long-term debt to total assets ratio increased from Mar. 2023 (0.23) to Mar. 2024 (0.26). It may suggest that Taiwan Mobile Co is progressively becoming more dependent on debt to grow their business.

Taiwan Mobile Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Taiwan Mobile 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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Taiwan Mobile Co LT-Debt-to-Total-Asset Chart

Taiwan Mobile Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.20

0.27

0.23

0.27

Taiwan Mobile 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															0.23	0.27	0.28	0.27	0.26

Taiwan Mobile Co LT-Debt-to-Total-Asset Calculation

Taiwan Mobile 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 )
	=	66077.219	/	242964.361
	=	0.27

Taiwan Mobile 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 )
	=	62349.486	/	239022.571
	=	0.26

Taiwan Mobile Co (TPE:3045) 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.

Taiwan Mobile Co LT-Debt-to-Total-Asset Related Terms

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Taiwan Mobile Co (TPE:3045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Taiwan Mobile Co Ltd (TPE:3045) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 88, YanChang Road, 13th Floor, Taipei, TWN, 110

Website

https://www.taiwanmobile.com

Taiwan Mobile Co Ltd is engaged in providing wireless communication service, sale of mobile phones, and accessories, games, ebooks, and value-added services. The reportable segments of the company are telecommunication, retail, cable television, and others. The telecommunication segment engages in providing mobile communication services, data mobile services, and fixed line services retail segment in providing online shopping, TV shopping, and catalog shopping, cable television in providing pay TV and cable broadband services, and others in business other than telecommunication, retail, and cable television. The company derives the majority of its revenue from the telecommunication and retail segment.

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