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Evertop Wire Cable (TPE:1616) Debt-to-Asset : 0.17 (As of Mar. 2024)


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What is Evertop Wire Cable Debt-to-Asset?

Evertop Wire Cable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$476 Mil. Evertop Wire Cable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$133 Mil. Evertop Wire Cable's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$3,497 Mil. Evertop Wire Cable's debt to asset for the quarter that ended in Mar. 2024 was 0.17.


Evertop Wire Cable Debt-to-Asset Historical Data

The historical data trend for Evertop Wire Cable'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.

Evertop Wire Cable Debt-to-Asset Chart

Evertop Wire Cable 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 0.33 0.32 0.33 0.32 0.20

Evertop Wire Cable Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.30 0.25 0.26 0.20 0.17

Competitive Comparison of Evertop Wire Cable's Debt-to-Asset

For the Electrical Equipment & Parts subindustry, Evertop Wire Cable'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.


Evertop Wire Cable's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Evertop Wire Cable's Debt-to-Asset distribution charts can be found below:

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



Evertop Wire Cable Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Evertop Wire Cable'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
=(536.173 + 133.872) / 3343.037
=0.20

Evertop Wire Cable's Debt-to-Asset for the quarter that ended in Mar. 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
=(476.196 + 133.196) / 3497.197
=0.17

* 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.


Evertop Wire Cable  (TPE:1616) 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.


Evertop Wire Cable Debt-to-Asset Related Terms

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


Evertop Wire Cable (TPE:1616) Business Description

Traded in Other Exchanges
N/A
Address
No.1 Lane 91 Ren-Ai Road, Sec. 2, Taipei, TWN
Evertop Wire Cable Corp is engaged in manufacturing of single solid copper wire, stranded copper wire, PVC insulated wires, and PE insulated wires.

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