Chialin Precision Industrial Co (ROCO:3310) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Chialin Precision Industrial Co 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. Chialin Precision Industrial Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Chialin Precision Industrial Co's long-term debt to total assets ratio declined from Dec. 2022 (0.14) to Dec. 2023 (0.12). It may suggest that Chialin Precision Industrial Co is progressively becoming less dependent on debt to grow their business.

Chialin Precision Industrial Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chialin Precision Industrial Co'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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Chialin Precision Industrial Co LT-Debt-to-Total-Asset Chart

Chialin Precision Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.02

0.13

0.16

0.14

0.12

Chialin Precision Industrial Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.12	0.12	0.12

Chialin Precision Industrial Co LT-Debt-to-Total-Asset Calculation

Chialin Precision Industrial Co'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 )
	=	803.653	/	6520.96
	=	0.12

Chialin Precision Industrial Co'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 )
	=	803.653	/	6520.96
	=	0.12

Chialin Precision Industrial Co (ROCO:3310) 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.

Chialin Precision Industrial Co LT-Debt-to-Total-Asset Related Terms

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Chialin Precision Industrial Co (ROCO:3310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chialin Precision Industrial Co Ltd (ROCO:3310) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 110, Section 2, Heping West Road, Dayuan District, Taoyuan, TWN, 337

Website

https://www.chialin.com.tw

Chialin Precision Industrial Co Ltd manufactures and distributes terminal of computer connectors. Its products include terminal and connector series, SMD lead frame, and Antenna, among others.

Chialin Precision Industrial Co (ROCO:3310) Headlines

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