GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Launch Tech Co Ltd (STU:LAN) » Definitions » Debt-to-Asset

Launch Tech Co (STU:LAN) Debt-to-Asset : 0.13 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Launch Tech Co Debt-to-Asset?

Launch Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €13.7 Mil. Launch Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €21.4 Mil. Launch Tech Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €261.9 Mil. Launch Tech Co's debt to asset for the quarter that ended in Dec. 2024 was 0.13.

Launch Tech Co Debt-to-Asset Historical Data

The historical data trend for Launch Tech 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.

Launch Tech Co Debt-to-Asset Chart

Launch Tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.27 0.28 0.22 0.13

Launch Tech Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.28 0.17 0.22 0.10 0.13

Competitive Comparison of Launch Tech Co's Debt-to-Asset

For the Auto Parts subindustry, Launch Tech 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.

Launch Tech Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Launch Tech Co's Debt-to-Asset distribution charts can be found below:

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


;
;

Launch Tech Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Launch Tech Co's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(13.666 + 21.431) / 261.901
=0.13

Launch Tech Co's Debt-to-Asset for the quarter that ended in Dec. 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
=(13.666 + 21.431) / 261.901
=0.13

* 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.

Launch Tech Co  (STU:LAN) 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.

Launch Tech Co Debt-to-Asset Related Terms

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

Launch Tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Launch Tech Co Ltd (STU:LAN) » Definitions » Debt-to-Asset
Comparable Companies
HKSE:01809 HKSE:01274 HKSE:01571 HKSE:00819 HKSE:01899 HKSE:02025 HKSE:00305 HKSE:00951 HKSE:01760 HKSE:00360 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 XKRX:012330 GPC XTER:KBX XTER:CON SHSE:601689 APTV
Traded in Other Exchanges
02488:Hong Kong
Address
Launch Industrial Park, North of Wuhe Road, Banxuegang, Longgang District, Shenzhen, CHN, 518129
Website
https://www.cnlaunch.com
Launch Tech Co Ltd principally engages in the provision of products and services serving the automotive aftermarket and the automobile industry mainly in the People's Republic of China and certain overseas countries. The company operates its business through three reportable segments. The Automotive Diagnosis segment generates the majority of the earnings for the company. It is involved in the research and development, production and sales of automotive diagnostic and inspection products. The Europe Overseas Sales segment covers development and maintenance of European distributors and customers. The U.S. Overseas Sales segment covers development and maintenance of distributors and customers in the Americas.

Launch Tech Co Headlines

No Headlines