Cashbox Partyworld Co (ROCO:8359) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2023)

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What is Cashbox Partyworld 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. Cashbox Partyworld Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.13.

Cashbox Partyworld Co's long-term debt to total assets ratio declined from Dec. 2022 (0.16) to Dec. 2023 (0.13). It may suggest that Cashbox Partyworld Co is progressively becoming less dependent on debt to grow their business.

Cashbox Partyworld Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cashbox Partyworld 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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Cashbox Partyworld Co LT-Debt-to-Total-Asset Chart

Cashbox Partyworld Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.23

0.20

0.19

0.16

0.13

Cashbox Partyworld Co Semi-Annual Data
	Jun14	Dec14	Jun15	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															0.19	0.18	0.16	0.14	0.13

Cashbox Partyworld Co LT-Debt-to-Total-Asset Calculation

Cashbox Partyworld 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 )
	=	1347.812	/	10782.496
	=	0.13

Cashbox Partyworld 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 )
	=	1347.812	/	10782.496
	=	0.13

Cashbox Partyworld Co (ROCO:8359) 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.

Cashbox Partyworld Co LT-Debt-to-Total-Asset Related Terms

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Cashbox Partyworld Co (ROCO:8359) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Cashbox Partyworld Co Ltd (ROCO:8359) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 293, Zhongxiao East Road, 5th Floor, Section 5, Xinyi District, Taipei, TWN, 110

Website

http://www.cashboxparty.com

Cashbox Partyworld Co Ltd Formerly Cashbox Enterprise Co Ltd is a KTV chain-store. The company offers varieties of services including booking services, valet parking, food, and catering.

Cashbox Partyworld Co (ROCO:8359) Headlines

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