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Tai Tung Communication Co (TPE:8011) Debt-to-Asset : 0.34 (As of Mar. 2024)


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What is Tai Tung Communication Co Debt-to-Asset?

Tai Tung Communication Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$368 Mil. Tai Tung Communication Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$617 Mil. Tai Tung Communication Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was NT$2,874 Mil. Tai Tung Communication Co's debt to asset for the quarter that ended in Mar. 2024 was 0.34.


Tai Tung Communication Co Debt-to-Asset Historical Data

The historical data trend for Tai Tung Communication 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.

Tai Tung Communication Co Debt-to-Asset Chart

Tai Tung Communication 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 0.43 0.37 0.37 0.39 0.44

Tai Tung Communication Co 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 0.40 0.44 0.45 0.44 0.34

Competitive Comparison of Tai Tung Communication Co's Debt-to-Asset

For the Communication Equipment subindustry, Tai Tung Communication 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.


Tai Tung Communication Co's Debt-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tai Tung Communication Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tai Tung Communication Co's Debt-to-Asset falls into.



Tai Tung Communication Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tai Tung Communication 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
=(747.775 + 2686.281) / 7807.903
=0.44

Tai Tung Communication Co'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
=(367.844 + 617.49) / 2873.966
=0.34

* 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.


Tai Tung Communication Co  (TPE:8011) 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.


Tai Tung Communication Co Debt-to-Asset Related Terms

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Tai Tung Communication Co (TPE:8011) Business Description

Traded in Other Exchanges
N/A
Address
9th Floor, Number 219, Fuhui Road, Xinzhuang District, New Taipei City, TWN
Tai Tung Communication Co Ltd is a Taiwan-based company mainly engaged in the fiber optical cables and Fiber to the Home (FTTH) related accessories business, internal and external communication cables business, power transmission cables business, manufacture and sale of other products, and wholesale and retail sale of ores. The company's business operations cover outdoor and indoor optical cables, telecommunication cable, power transmission and distribution cable, CATV trunk and distribution cable and others.

Tai Tung Communication Co (TPE:8011) Headlines

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