Level Biotechnology (ROCO:3118) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Level Biotechnology 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. Level Biotechnology's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Level Biotechnology's long-term debt to total assets ratio declined from Dec. 2023 (0.01) to Dec. 2024 (0.01). It may suggest that Level Biotechnology is progressively becoming less dependent on debt to grow their business.

Level Biotechnology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Level Biotechnology'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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Level Biotechnology LT-Debt-to-Total-Asset Chart

Level Biotechnology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.01

Level Biotechnology Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Level Biotechnology LT-Debt-to-Total-Asset Calculation

Level Biotechnology'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 )
	=	7.979	/	827.108
	=	0.01

Level Biotechnology'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 )
	=	7.979	/	827.108
	=	0.01

Level Biotechnology (ROCO:3118) 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.

Level Biotechnology LT-Debt-to-Total-Asset Related Terms

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Level Biotechnology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Level Biotechnology Inc (ROCO:3118) » Definitions » LT-Debt-to-Total-Asset

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Address

No.80, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN, 221

Website

http://www.level.com.tw

Level Biotechnology Inc is a Taiwan-based company engaged in the sales of biomedical products and providing preclinical testing services.

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