WITS (ROCO:4953) Debt-to-Asset : 0.02 (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is WITS Debt-to-Asset?

WITS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$33 Mil. WITS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$51 Mil. WITS's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was NT$5,288 Mil. WITS's debt to asset for the quarter that ended in Sep. 2024 was 0.02.

WITS Debt-to-Asset Historical Data

The historical data trend for WITS'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.

WITS Debt-to-Asset Chart

WITS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.05

0.03

0.06

0.05

0.02

WITS 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															0.02	0.02	0.05	0.02	0.02

Competitive Comparison of WITS's Debt-to-Asset

For the Information Technology Services subindustry, WITS'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.

WITS's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, WITS's Debt-to-Asset distribution charts can be found below:

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

WITS Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

WITS'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
	=	(26.812	+	65.68)	/	5237.43
	=	0.02

WITS'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
	=	(32.625	+	50.964)	/	5287.709
	=	0.02

WITS (ROCO:4953) 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.

WITS Debt-to-Asset Related Terms

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

WITS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WITS Corp (ROCO:4953) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 93, Section 1, Xintai 5th Road, 32nd Floor, Xizhi District, New Taipei, TWN, 22175

Website

https://www.wits.com

WITS Corp Formerly Wistron Information Technology & Service is engaged in the development and maintenance of IT systems, IT consulting, and outsourcing services. Its products and services include technical consulting services, information technology outsourcing, business process outsourcing, and product globalization services. Geographically, the business presences are in China, Taiwan, Japan, and Others.

WITS Headlines

No Headlines