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Fortune Oriental Co (TPE:2491) Debt-to-Asset : 0.03 (As of Sep. 2024)


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What is Fortune Oriental Co Debt-to-Asset?

Fortune Oriental Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$20.5 Mil. Fortune Oriental Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$27.1 Mil. Fortune Oriental Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was NT$1,397.5 Mil. Fortune Oriental Co's debt to asset for the quarter that ended in Sep. 2024 was 0.03.


Fortune Oriental Co Debt-to-Asset Historical Data

The historical data trend for Fortune Oriental 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.

Fortune Oriental Co Debt-to-Asset Chart

Fortune Oriental Co 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 0.01 0.01 0.01 0.02 0.04

Fortune Oriental Co 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 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 0.04 0.04 0.04 0.03 0.03

Competitive Comparison of Fortune Oriental Co's Debt-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Fortune Oriental 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.


Fortune Oriental Co's Debt-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fortune Oriental Co's Debt-to-Asset distribution charts can be found below:

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



Fortune Oriental Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fortune Oriental Co'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
=(22.461 + 31.378) / 1449.555
=0.04

Fortune Oriental Co'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
=(20.45 + 27.071) / 1397.481
=0.03

* 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.


Fortune Oriental Co  (TPE:2491) 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.


Fortune Oriental Co Debt-to-Asset Related Terms

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Fortune Oriental Co Business Description

Traded in Other Exchanges
N/A
Address
Zhongzheng Road, No. 6, Lane 54, Xindian District, New Taipei City, TWN, 231041
Fortune Oriental Co Ltd is principally engaged in Research and Development, design, manufacture, and sales of electric vehicle power systems. Its segments include the Electronics multimedia segment, the Electric Vehicle Department segment, the Optoelectronics segment, and Other segments. It generates the majority of its revenue from the Optoelectronics segment.

Fortune Oriental Co Headlines

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