U-Tech Media (TPE:3050) LT-Debt-to-Total-Asset : 0.26 (As of Mar. 2024)

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What is U-Tech Media 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. U-Tech Media's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.26.

U-Tech Media's long-term debt to total assets ratio declined from Mar. 2023 (0.31) to Mar. 2024 (0.26). It may suggest that U-Tech Media is progressively becoming less dependent on debt to grow their business.

U-Tech Media LT-Debt-to-Total-Asset Historical Data

The historical data trend for U-Tech Media'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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U-Tech Media LT-Debt-to-Total-Asset Chart

U-Tech Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.34

0.32

0.29

0.31

0.28

U-Tech Media 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															0.31	0.31	0.28	0.28	0.26

U-Tech Media LT-Debt-to-Total-Asset Calculation

U-Tech Media'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 )
	=	1429.316	/	5026.305
	=	0.28

U-Tech Media'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 )
	=	1386.226	/	5380.832
	=	0.26

U-Tech Media (TPE:3050) 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.

U-Tech Media LT-Debt-to-Total-Asset Related Terms

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U-Tech Media (TPE:3050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » U-Tech Media Corp (TPE:3050) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 222, Huaya 2nd Road, Guishan District, Tao Yuan, TWN, 333411

Website

https://www.utechmedia.com.tw

U-Tech Media Corp operates in the consumer electronics industry it manufactures and sells pre-recorded optical discs. The firm is engaged in manufacturing of DVD's, CD's, and Blu-ray disc. The company also offers solutions like digital recording and mastering, stamper service, package service, and printing service.

U-Tech Media (TPE:3050) Headlines

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