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Sun Rise E&T (ROCO:1343) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)


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What is Sun Rise E&T 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. Sun Rise E&T's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Sun Rise E&T's long-term debt to total assets ratio increased from Dec. 2023 (0.15) to Dec. 2024 (0.28). It may suggest that Sun Rise E&T is progressively becoming more dependent on debt to grow their business.


Sun Rise E&T LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sun Rise E&T'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.

* Premium members only.

Sun Rise E&T LT-Debt-to-Total-Asset Chart

Sun Rise E&T Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.28 0.23 0.19 0.15 0.28

Sun Rise E&T Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.17 0.15 0.09 0.28

Sun Rise E&T LT-Debt-to-Total-Asset Calculation

Sun Rise E&T'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 )
=356.661/1268.475
=0.28

Sun Rise E&T'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 )
=356.661/1268.475
=0.28

* 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.


Sun Rise E&T  (ROCO:1343) 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.


Sun Rise E&T LT-Debt-to-Total-Asset Related Terms

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Sun Rise E&T Business Description

Traded in Other Exchanges
N/A
Address
No.2, Huandong Street, Ping-Tung Economic Processing Zone, Pingtung County, Pingtung, TWN, 900
Sun Rise E&T Corp is engaged in providing the HDPE pipes for chemical, pharmaceutical, and other materials transport piping systems both domestically and abroad. Its products include HDPE fish cages comprising, solar floating systems, and others.

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