Trio Industrial Electronics Group (HKSE:01710) LT-Debt-to-Total-Asset : 0.14 (As of Jun. 2024)

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What is Trio Industrial Electronics Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Trio Industrial Electronics Group's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.14.

Trio Industrial Electronics Group's long-term debt to total assets ratio increased from Jun. 2023 (0.13) to Jun. 2024 (0.14). It may suggest that Trio Industrial Electronics Group is progressively becoming more dependent on debt to grow their business.

Trio Industrial Electronics Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Trio Industrial Electronics Group's LT-Debt-to-Total-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.

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Trio Industrial Electronics Group LT-Debt-to-Total-Asset Chart

Trio Industrial Electronics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.03

0.01

0.13

0.14

Trio Industrial Electronics Group Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.13	0.13	0.13	0.14	0.14

Trio Industrial Electronics Group LT-Debt-to-Total-Asset Calculation

Trio Industrial Electronics Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	95.633	/	682.77
	=	0.14

Trio Industrial Electronics Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	93.983	/	671.19
	=	0.14

Trio Industrial Electronics Group (HKSE:01710) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Trio Industrial Electronics Group LT-Debt-to-Total-Asset Related Terms

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Trio Industrial Electronics Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trio Industrial Electronics Group Ltd (HKSE:01710) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

51 Man Yue Street, Block J, 5th Floor, Kaiser Estate, Phase 2, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.trio-ieg.com

Trio Industrial Electronics Group Ltd is an electronics manufacturing services (EMS) provider. It specializes in the manufacturing and sales of customized industrial electronic components and products, with offices in Hong Kong, the Republic of Ireland (Ireland), and Thailand, and production facilities in the People's Republic of China (the PRC), Ireland, and Thailand. Geographically, the group has a business presence in Europe, North America, the PRC, Southeast Asia, and others.

Executives

Esseiva Alain
Alpadis Group Holding Ag
Alpadis Trust (hk) Limited
Teo Wei Lee	2202 Interest of your spouse
Jmc Investment Holdings Limited	2201 Interest of corporation controlled by you
Heer Krinya	2202 Interest of your spouse
Heer Dominik Philipp	2201 Interest of corporation controlled by you
Mac Carthy Joseph	2307 Founder of a discretionary trust who can infl
Esseiva Alain	2201 Interest of corporation controlled by you
Lo Ka Kei Jun	2201 Interest of corporation controlled by you
Eastville Enterprises Limited	2201 Interest of corporation controlled by you
Kwan Chan Kwong	2202 Interest of your spouse
Wong So Nui Amy	2201 Interest of corporation controlled by you
Tai Leung Lam	2201 Interest of corporation controlled by you
Kwan Tak Sum Stanley	2201 Interest of corporation controlled by you

Trio Industrial Electronics Group Headlines

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