Das Technology Co (ROCO:6648) LT-Debt-to-Total-Asset : 0.02 (As of Dec. 2023)

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What is Das Technology 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. Das Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.02.

Das Technology Co's long-term debt to total assets ratio declined from Dec. 2022 (0.03) to Dec. 2023 (0.02). It may suggest that Das Technology Co is progressively becoming less dependent on debt to grow their business.

Das Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Das Technology 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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Das Technology Co LT-Debt-to-Total-Asset Chart

Das Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.09

0.06

0.03

0.02

Das Technology Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.06	0.05	0.03	0.02	0.02

Das Technology Co LT-Debt-to-Total-Asset Calculation

Das Technology 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 )
	=	18.31	/	1196.508
	=	0.02

Das Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	18.31	/	1196.508
	=	0.02

Das Technology Co (ROCO:6648) 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.

Das Technology Co LT-Debt-to-Total-Asset Related Terms

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Das Technology Co (ROCO:6648) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Das Technology Co Ltd (ROCO:6648) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, Xinyi District, 5th Floor, No. 51, Section 2, Taipei, TWN

Website

http://www.das.com.tw/chinesetop.htm

Das Technology Co Ltd is engaged in the development, manufacturing, and sales of multi-function electronic meter. It offers products and services such as smart meters, smart lights switches, smart sockets, and other aspects; hardware and software research and development. The company also provides home automation equipment and systems.

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