Sentronic International (ROCO:3232) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is Sentronic International 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. Sentronic International's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Sentronic International's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.10). It may suggest that Sentronic International is progressively becoming less dependent on debt to grow their business.

Sentronic International LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sentronic International'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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Sentronic International LT-Debt-to-Total-Asset Chart

Sentronic International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.22

0.15

0.11

Sentronic International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.11	0.11	0.10

Sentronic International LT-Debt-to-Total-Asset Calculation

Sentronic International'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 )
	=	140.93	/	1296.466
	=	0.11

Sentronic International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	138.267	/	1379.123
	=	0.10

Sentronic International (ROCO:3232) 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.

Sentronic International LT-Debt-to-Total-Asset Related Terms

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Sentronic International (ROCO:3232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sentronic International Corp (ROCO:3232) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 93, Xintai 5th Road, 25th Floor, Section 1, Xizhi District, Taipei, TWN

Website

http://www.sentronic.com.tw

Sentronic International Corp is a Taiwan-based company that engages in the distribution of electronic parts and components. It provides semiconductor components, LCD displays, pick-up heads, LEDs, mini motors, and discrete components.

Sentronic International (ROCO:3232) Headlines

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