Ofuna Technology Co (ROCO:4577) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is Ofuna Technology 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. Ofuna Technology Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

Ofuna Technology Co's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.26). It may suggest that Ofuna Technology Co is progressively becoming more dependent on debt to grow their business.

Ofuna Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ofuna Technology 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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Ofuna Technology Co LT-Debt-to-Total-Asset Chart

Ofuna Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.07

0.11

0.09

0.07

0.26

Ofuna Technology Co Quarterly Data
	Dec19	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															0.07	0.09	0.09	0.09	0.26

Ofuna Technology Co LT-Debt-to-Total-Asset Calculation

Ofuna Technology Co'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 )
	=	498.799	/	1936.636
	=	0.26

Ofuna Technology Co'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 )
	=	498.799	/	1936.636
	=	0.26

Ofuna Technology Co (ROCO:4577) 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.

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Ofuna Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ofuna Technology Co Ltd (ROCO:4577) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No. 49, Lane 35, Lijihu Road, 6F-1, Xihu, Neihu District, Taipei, TWN

Website

https://www.darharnq.com

Ofuna Technology Co Ltd is engaged in manufacturing and selling industrial equipment. The product portfolio includes mechanical drilling machine and routing machine. Also, the company provides laser machine solutions, forming machine solutions, and related services.

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