Apex International Financial Engineering Res & Tec Co (ROCO:5210) LT-Debt-to-Total-Asset : 0.02 (As of Mar. 2024)

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What is Apex International Financial Engineering Res & Tec 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. Apex International Financial Engineering Res & Tec Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.02.

Apex International Financial Engineering Res & Tec Co's long-term debt to total assets ratio increased from Mar. 2023 (0.02) to Mar. 2024 (0.02). It may suggest that Apex International Financial Engineering Res & Tec Co is progressively becoming more dependent on debt to grow their business.

Apex International Financial Engineering Res & Tec Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Apex International Financial Engineering Res & Tec 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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Apex International Financial Engineering Res & Tec Co LT-Debt-to-Total-Asset Chart

Apex International Financial Engineering Res & Tec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.01

0.02

Apex International Financial Engineering Res & Tec 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															0.02	0.14	0.02	0.02	0.02

Apex International Financial Engineering Res & Tec Co LT-Debt-to-Total-Asset Calculation

Apex International Financial Engineering Res & Tec 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 )
	=	10.54	/	634.914
	=	0.02

Apex International Financial Engineering Res & Tec 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 )
	=	10.037	/	598.511
	=	0.02

Apex International Financial Engineering Res & Tec Co (ROCO:5210) 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.

Apex International Financial Engineering Res & Tec Co LT-Debt-to-Total-Asset Related Terms

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Apex International Financial Engineering Res & Tec Co (ROCO:5210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Apex International Financial Engineering Res & Tec Co Ltd (ROCO:5210) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 329, Xinhu 2nd Road, 5th Floor, Neihu District, Taipei, TWN

Website

https://www.apex.com.tw

Apex International Financial Engineering Res & Tec Co Ltd is a Taiwan-based company engaged in providing financial technology integration services. The segments of the company are Information Services, Green Energy Development, and Investment, of which maximum revenue is generated from Information Services. The Company is mainly engaged in information software service, electronic information supply service, system integration service, and solar power equipment engineering contracts.

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