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Turn Cloud Technology Service (ROCO:6870) Debt-to-Asset : 0.08 (As of Jun. 2024)


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What is Turn Cloud Technology Service Debt-to-Asset?

Turn Cloud Technology Service's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$44.0 Mil. Turn Cloud Technology Service's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$66.5 Mil. Turn Cloud Technology Service's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was NT$1,378.3 Mil. Turn Cloud Technology Service's debt to asset for the quarter that ended in Jun. 2024 was 0.08.


Turn Cloud Technology Service Debt-to-Asset Historical Data

The historical data trend for Turn Cloud Technology Service'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.

Turn Cloud Technology Service Debt-to-Asset Chart

Turn Cloud Technology Service Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.29 0.28 0.24 0.17 0.11

Turn Cloud Technology Service Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.21 0.14 0.11 0.10 0.08

Competitive Comparison of Turn Cloud Technology Service's Debt-to-Asset

For the Software - Infrastructure subindustry, Turn Cloud Technology Service'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.


Turn Cloud Technology Service's Debt-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Turn Cloud Technology Service's Debt-to-Asset falls into.



Turn Cloud Technology Service Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Turn Cloud Technology Service'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
=(71.035 + 68.776) / 1336.041
=0.10

Turn Cloud Technology Service's Debt-to-Asset for the quarter that ended in Jun. 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
=(43.974 + 66.472) / 1378.348
=0.08

* 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.


Turn Cloud Technology Service  (ROCO:6870) 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.


Turn Cloud Technology Service Debt-to-Asset Related Terms

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Turn Cloud Technology Service Business Description

Traded in Other Exchanges
N/A
Address
11th Floor-11, No.99, Section 1, XinTai 5th Road, Xizhi District, New Taipei City, Taipei, TWN, 221
Turn Cloud Technology Service Inc is engaged in using retail technology to provide financial technology services, including financial applications, membership activities, integrated payments, and marketing platforms. Its products include Hoyabox, Olink, Tpos, Tshop, Business Intelligence, and Digital Marketing among others.

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