Ways Technical (ROCO:3508) Debt-to-Asset : 0.33 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Ways Technical Debt-to-Asset?

Ways Technical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$352.1 Mil. Ways Technical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$600.3 Mil. Ways Technical's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$2,913.1 Mil. Ways Technical's debt to asset for the quarter that ended in Mar. 2024 was 0.33.

Ways Technical Debt-to-Asset Historical Data

The historical data trend for Ways Technical's Debt-to-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.

Ways Technical Debt-to-Asset Chart

Ways Technical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.09

0.25

0.22

0.30

Ways Technical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.25	0.27	0.30	0.33

Competitive Comparison of Ways Technical's Debt-to-Asset

For the Specialty Chemicals subindustry, Ways Technical's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ways Technical's Debt-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ways Technical's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ways Technical's Debt-to-Asset falls into.

Ways Technical Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ways Technical's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(300.188	+	563.563)	/	2908.146
	=	0.30

Ways Technical's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(352.114	+	600.324)	/	2913.113
	=	0.33

Ways Technical (ROCO:3508) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Ways Technical Debt-to-Asset Related Terms

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

Ways Technical (ROCO:3508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ways Technical Corp (ROCO:3508) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 26, Gaoqing Road, Yangmei District, Taoyuan, TWN

Website

http://www.waystech.net

Ways Technical Corp is a Taiwan-based company engaged in the manufacture of plastic daily necessities, surface treatment, electronic parts, and components manufacturing and processing. Its geographical segment includes Taiwan and China, business groups. The majority of the revenue comes from the Taiwan business group.

Ways Technical (ROCO:3508) Headlines

No Headlines