Sunder Biomedical Tech Co (ROCO:4115) LT-Debt-to-Total-Asset : 0.15 (As of Jun. 2024)

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What is Sunder Biomedical Tech 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. Sunder Biomedical Tech Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.15.

Sunder Biomedical Tech Co's long-term debt to total assets ratio declined from Jun. 2023 (0.19) to Jun. 2024 (0.15). It may suggest that Sunder Biomedical Tech Co is progressively becoming less dependent on debt to grow their business.

Sunder Biomedical Tech Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sunder Biomedical Tech 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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Sunder Biomedical Tech Co LT-Debt-to-Total-Asset Chart

Sunder Biomedical Tech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.12

0.17

0.16

0.18

0.16

Sunder Biomedical Tech Co Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.16	0.18	0.19	0.16	0.15

Sunder Biomedical Tech Co LT-Debt-to-Total-Asset Calculation

Sunder Biomedical Tech 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 )
	=	228.345	/	1405.285
	=	0.16

Sunder Biomedical Tech Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	192.889	/	1279.708
	=	0.15

Sunder Biomedical Tech Co (ROCO:4115) 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.

Sunder Biomedical Tech Co LT-Debt-to-Total-Asset Related Terms

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Sunder Biomedical Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sunder Biomedical Tech Co Ltd (ROCO:4115) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No. 1-67, Zhongzheng Road, Chung-Ming Village, Pao-Chung Hsiang, Yunlin, TWN, 63441

Website

https://www.sunder.com.tw

Sunder Biomedical Tech Co Ltd is engaged in providing medical devices. Its products include Protective Goggles; Meltblown Nonwoven Fabric/Mask; Suction Irrigation Set; Smoke Filter; Endo Bag; Blood Line Set for Hemodialysis and others.

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