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Toung Loong Textile Mfg Co (ROCO:4401) Debt-to-Asset : 0.44 (As of Sep. 2024)


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What is Toung Loong Textile Mfg Co Debt-to-Asset?

Toung Loong Textile Mfg Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,634 Mil. Toung Loong Textile Mfg Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$968 Mil. Toung Loong Textile Mfg Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was NT$5,868 Mil. Toung Loong Textile Mfg Co's debt to asset for the quarter that ended in Sep. 2024 was 0.44.


Toung Loong Textile Mfg Co Debt-to-Asset Historical Data

The historical data trend for Toung Loong Textile Mfg Co'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.

Toung Loong Textile Mfg Co Debt-to-Asset Chart

Toung Loong Textile Mfg Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.50 0.43 0.46 0.48

Toung Loong Textile Mfg Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.48 0.48 0.46 0.44

Competitive Comparison of Toung Loong Textile Mfg Co's Debt-to-Asset

For the Textile Manufacturing subindustry, Toung Loong Textile Mfg Co'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.


Toung Loong Textile Mfg Co's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toung Loong Textile Mfg Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Toung Loong Textile Mfg Co's Debt-to-Asset falls into.



Toung Loong Textile Mfg Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Toung Loong Textile Mfg Co'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
=(1571.904 + 1227.962) / 5828.329
=0.48

Toung Loong Textile Mfg Co's Debt-to-Asset for the quarter that ended in Sep. 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
=(1634.362 + 968.371) / 5868.157
=0.44

* 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.


Toung Loong Textile Mfg Co  (ROCO:4401) 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.


Toung Loong Textile Mfg Co Debt-to-Asset Related Terms

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Toung Loong Textile Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Sec 2, San Ming Road, 19th Floor, Panchiao District, New Taipei, TWN, 220
Toung Loong Textile Mfg Co Ltd manufactures textiles and fabrics. Its products are classified into various categories like Textured Yarns, Colorfit, XDY, VNS, SCT, and SPF. Geographically it is available in Taiwan, Vietnam, Mainland China, and others. The majority of the revenue comes from Taiwan.

Toung Loong Textile Mfg Co Headlines

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