Taiwan Cement (TPE:1101) Debt-to-Asset : 0.34 (As of Dec. 2023)

View and export this data going back to 1962. Start your Free Trial

What is Taiwan Cement Debt-to-Asset?

Taiwan Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$37,410 Mil. Taiwan Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$122,901 Mil. Taiwan Cement's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was NT$469,439 Mil. Taiwan Cement's debt to asset for the quarter that ended in Dec. 2023 was 0.34.

Taiwan Cement Debt-to-Asset Historical Data

The historical data trend for Taiwan Cement'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.

Taiwan Cement Debt-to-Asset Chart

Taiwan Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.29

0.33

0.37

0.36

0.34

Taiwan Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.36	0.35	0.34	0.35	0.34

Competitive Comparison of Taiwan Cement's Debt-to-Asset

For the Building Materials subindustry, Taiwan Cement'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.

Taiwan Cement's Debt-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Taiwan Cement's Debt-to-Asset distribution charts can be found below:

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

Taiwan Cement Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Taiwan Cement'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
	=	(37410.238	+	122901.35)	/	469438.522
	=	0.34

Taiwan Cement's Debt-to-Asset for the quarter 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
	=	(37410.238	+	122901.35)	/	469438.522
	=	0.34

Taiwan Cement (TPE:1101) 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.

Taiwan Cement Debt-to-Asset Related Terms

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

Taiwan Cement (TPE:1101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiwan Cement Corp (TPE:1101) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

1101B.PFD:Taiwan

Address

No.113, Zhongshan North Road, Section 2, Taipei, TWN, 104

Website

https://www.taiwancement.com

Taiwan Cement Corp operates in three primary segments: cement, Electricity and energy segment and Other segments. The cement segment involves production, processing and sale of cement goods. The Electricity and energy segment is engaged in power generation, energy storage and power business. The other segment includes land and marine transportation, production and sale of refractory materials, and others. The majority of revenue comes from Asia and Taiwan.

Taiwan Cement (TPE:1101) Headlines

No Headlines