Team Young Technology Co (ROCO:5345) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Team Young 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. Team Young Technology Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Team Young Technology Co's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Jun. 2024 (0.01). It may suggest that Team Young Technology Co is progressively becoming less dependent on debt to grow their business.

Team Young Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Team Young 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.

* Premium members only.

Team Young Technology Co LT-Debt-to-Total-Asset Chart

Team Young Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.06

0.03

0.04

Team Young Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.03	0.01

Team Young Technology Co LT-Debt-to-Total-Asset Calculation

Team Young Technology 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 )
	=	3.69	/	100.356
	=	0.04

Team Young Technology 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 )
	=	2.357	/	285.904
	=	0.01

Team Young Technology Co (ROCO:5345) 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.

Team Young Technology Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Team Young Technology Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Team Young Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Team Young Technology Co Ltd (ROCO:5345) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

18F.-1, No.400, Huanbei Road, Taoyuan County 320, Zhongli, TWN

Website

https://www.teamyoung.com.tw

Team Young Technology Co Ltd markets and sells multilayer ceramic capacitors and chip capacitors for the storage of charge, blocking, by-pass, tuning and filtering in circuit designs. It has developed products such as Smart Power Remote Control System, Multi-Cell Power Management System, Vehicle Battery Continuation System, Home Appliances and other devices. Geographically operates through Taiwan and derives revenue through the sale of products.

Team Young Technology Co Headlines

No Headlines