Synbio Tech (ROCO:1295) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Synbio Tech 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. Synbio Tech's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Synbio Tech's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Dec. 2024 (0.34). It may suggest that Synbio Tech is progressively becoming more dependent on debt to grow their business.

Synbio Tech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Synbio Tech'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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Synbio Tech LT-Debt-to-Total-Asset Chart

Synbio Tech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.22

0.21

0.32

0.37

0.34

Synbio Tech Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					-	0.37	0.36	0.37	0.34

Synbio Tech LT-Debt-to-Total-Asset Calculation

Synbio Tech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	790.094	/	2344.504
	=	0.34

Synbio Tech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	790.094	/	2344.504
	=	0.34

Synbio Tech (ROCO:1295) 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.

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Synbio Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Synbio Tech Inc (ROCO:1295) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.66, Beiling 6th Road, Luzhu District, Kaohsiung, TWN

Website

https://www.synbiotech.com

Synbio Tech Inc is a company specializing in the research, manufacturing, and application development of lactic acid bacteria. The company provides lactic acid bacteria screening, functional research and verification, and the introduction of advanced processes to produce safe and stable high-quality bacterial powder, OEM, ODM customized finished products, share application development technology, provide excellent service quality, and gain recognition from customers.

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