Giant Manufacturing Co (TPE:9921) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Giant Manufacturing 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. Giant Manufacturing Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Giant Manufacturing Co's long-term debt to total assets ratio increased from Mar. 2023 (0.08) to Mar. 2024 (0.10). It may suggest that Giant Manufacturing Co is progressively becoming more dependent on debt to grow their business.

Giant Manufacturing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Giant Manufacturing 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.

* Premium members only.

Giant Manufacturing Co LT-Debt-to-Total-Asset Chart

Giant Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.08

0.05

0.08

0.10

Giant Manufacturing 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															0.08	0.08	0.10	0.10	0.10

Giant Manufacturing Co LT-Debt-to-Total-Asset Calculation

Giant Manufacturing 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 )
	=	8407.535	/	84623.337
	=	0.10

Giant Manufacturing 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 )
	=	8260.776	/	84579.848
	=	0.10

Giant Manufacturing Co (TPE:9921) 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.

Giant Manufacturing Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Giant Manufacturing Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Giant Manufacturing Co (TPE:9921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Giant Manufacturing Co Ltd (TPE:9921) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dongda Road, No. 997 and 999, Section 1, Xitun District, Taichung, TWN, 40763

Website

https://www.giant-bicycles.com

Giant Manufacturing Co Ltd is a manufacturer and distributor of bicycles and bicycle-related components, domiciled in Taiwan. The company produces bicycles for both recreational and professional use. Products include mountain bicycles, road and racing bicycles, bicycle motocross, or BMX, folding bicycles, children and youth bicycles, electric bicycles, helmets, components, and related parts and accessories. Giant distributes bicycles and components both domestically and internationally, and largely sells products under the Giant brand name.

Giant Manufacturing Co (TPE:9921) Headlines

No Headlines