Advanced Echem Materials Co (ROCO:4749) LT-Debt-to-Total-Asset : 0.20 (As of Jun. 2024)

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What is Advanced Echem Materials 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. Advanced Echem Materials Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.20.

Advanced Echem Materials Co's long-term debt to total assets ratio increased from Mar. 2023 (0.00) to Jun. 2024 (0.20). It may suggest that Advanced Echem Materials Co is progressively becoming more dependent on debt to grow their business.

Advanced Echem Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Advanced Echem Materials 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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Advanced Echem Materials Co LT-Debt-to-Total-Asset Chart

Advanced Echem Materials Co Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.06

0.19

0.18

0.16

0.18

Advanced Echem Materials Co Quarterly Data
	Dec10	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.12	0.18	0.19	0.20

Advanced Echem Materials Co LT-Debt-to-Total-Asset Calculation

Advanced Echem Materials 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 )
	=	775.503	/	4434.448
	=	0.17

Advanced Echem Materials 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 )
	=	934.007	/	4751.008
	=	0.20

Advanced Echem Materials Co (ROCO:4749) 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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Advanced Echem Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Advanced Echem Materials Co Ltd (ROCO:4749) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No.455, Sinhe Road, Longtan District, Taoyuan, TWN, 325

Website

http://www.ecsc.com.tw

Advanced Echem Materials Co Ltd is engaged in developing and manufacturing special chemical materials for semiconductor and display applications.

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