Mega International Development Co (ROCO:5529) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2024)

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What is Mega International Development 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. Mega International Development Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.01.

Mega International Development Co's long-term debt to total assets ratio declined from Dec. 2023 (0.02) to Dec. 2024 (0.01). It may suggest that Mega International Development Co is progressively becoming less dependent on debt to grow their business.

Mega International Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Mega International Development 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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Mega International Development Co LT-Debt-to-Total-Asset Chart

Mega International Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.27

0.05

0.03

0.02

0.01

Mega International Development Co 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															0.02	0.02	0.01	0.01	0.01

Mega International Development Co LT-Debt-to-Total-Asset Calculation

Mega International Development 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 )
	=	43.69	/	4599.535
	=	0.01

Mega International Development 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 )
	=	43.69	/	4599.535
	=	0.01

Mega International Development Co (ROCO:5529) 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.

Mega International Development Co LT-Debt-to-Total-Asset Related Terms

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Mega International Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mega International Development Co Ltd (ROCO:5529) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Songjiang Road, 104 11th Floor, No. 152, Zhongshan District, Hsinchu City, TWN, 1110

Website

http://www.wellglory.com.tw

Mega International Development Co Ltd is a Taiwan-based company mainly engaged in the construction and distribution of commercial and residential buildings, and involves in the short and long leasing of offices and business accommodations. The main business of the Company is entrusting construction companies to build and sell properties.

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