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Ubtech Robotics (HKSE:09880) LT-Debt-to-Total-Asset : 0.15 (As of Dec. 2023)


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What is Ubtech Robotics 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. Ubtech Robotics's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.15.

Ubtech Robotics's long-term debt to total assets ratio increased from Dec. 2022 (0.12) to Dec. 2023 (0.15). It may suggest that Ubtech Robotics is progressively becoming more dependent on debt to grow their business.

Ubtech Robotics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ubtech Robotics'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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Ubtech Robotics LT-Debt-to-Total-Asset Chart

Ubtech Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.03 0.06 0.12 0.15

Ubtech Robotics Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.06 - 0.12 0.15 0.15

Ubtech Robotics LT-Debt-to-Total-Asset Calculation

Ubtech Robotics'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 )
=755.258/5212.551
=0.14

Ubtech Robotics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=755.258/5212.551
=0.14

* 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.

Ubtech Robotics  (HKSE:09880) 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.

Ubtech Robotics LT-Debt-to-Total-Asset Related Terms

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Ubtech Robotics (HKSE:09880) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ubtech Robotics Corp Ltd (HKSE:09880) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
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Address
Taoyuan Street, Room 2201, Building C1, Nanshan Smart Park, No. 1001 Xueyuan Avenue, Changyuan Community, Nanshan Distric, Shenzhen, CHN
Website
https://www.ubtrobot.com
Ubtech Robotics Corp Ltd is engaged in design, production, commercialization, sales and marketing and research and development (R&D) of smart service robotic products and services. It offers consumer-level robots and appliances, enterprise-level smart service robotic products and services tailored for education, logistics and other sectors, are equipped to different extent with smart features that sense, interact, analyze and process human instructions and external environment such as mapping, temperature measurement and facial recognition.

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