Te Chang (ROCO:5511) LT-Debt-to-Total-Asset : 0.10 (As of Dec. 2024)

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What is Te Chang 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. Te Chang's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.10.

Te Chang's long-term debt to total assets ratio declined from Dec. 2023 (0.16) to Dec. 2024 (0.10). It may suggest that Te Chang is progressively becoming less dependent on debt to grow their business.

Te Chang LT-Debt-to-Total-Asset Historical Data

The historical data trend for Te Chang'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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Te Chang LT-Debt-to-Total-Asset Chart

Te Chang Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.08

0.12

0.16

0.10

Te Chang Quarterly Data
	Mar20	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															0.16	0.13	0.13	0.12	0.10

Te Chang LT-Debt-to-Total-Asset Calculation

Te Chang'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 )
	=	1234.251	/	12637.377
	=	0.10

Te Chang'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 )
	=	1234.251	/	12637.377
	=	0.10

Te Chang (ROCO:5511) 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.

Te Chang LT-Debt-to-Total-Asset Related Terms

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Te Chang Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Te Chang (ROCO:5511) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458

Website

https://www.tccon.com.tw

Te Chang is a Taiwan-based company that is engaged in contracting for construction and civil engineering projects and is also involved in the real estate leasing business. Its projects include hospitals, schools, national houses, and science, and technology plants. Geographically, the company derives a majority of its revenue from Taiwan and the rest from Thailand.

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