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Motion Technology Electric & Machinery Co (ROCO:4589) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)


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What is Motion Technology Electric & Machinery 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. Motion Technology Electric & Machinery Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Motion Technology Electric & Machinery Co's long-term debt to total assets ratio declined from Dec. 2023 (0.21) to Dec. 2024 (0.17). It may suggest that Motion Technology Electric & Machinery Co is progressively becoming less dependent on debt to grow their business.

Motion Technology Electric & Machinery Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Motion Technology Electric & Machinery 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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Motion Technology Electric & Machinery Co LT-Debt-to-Total-Asset Chart

Motion Technology Electric & Machinery Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.27 0.24 0.21 0.17

Motion Technology Electric & Machinery Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.24 0.22 0.21 0.17 0.17

Motion Technology Electric & Machinery Co LT-Debt-to-Total-Asset Calculation

Motion Technology Electric & Machinery 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 )
=195.809/1127.916
=0.17

Motion Technology Electric & Machinery 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 )
=195.809/1127.916
=0.17

* 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.

Motion Technology Electric & Machinery Co  (ROCO:4589) 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.

Motion Technology Electric & Machinery Co LT-Debt-to-Total-Asset Related Terms

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Motion Technology Electric & Machinery Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Motion Technology Electric & Machinery Co Ltd (ROCO:4589) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
No. 72, Lane 76, Neiding 20th Street, Zhongli District, Taoyuan City, TWN, 320
Website
https://www.motiontech.com.tw
Motion Technology Electric & Machinery Co Ltd engages in the design and production of high-precision motors for use in medical appliances, electric wheelchairs, mobility scooters, elevators, and transmission systems. Its products include brush DC motors, brushless DC motors, BLDC drivers, servo motors, induction motors, and reluctance motor control.

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