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Li Ming Development Construction Co (ROCO:6212) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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What is Li Ming Development Construction 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. Li Ming Development Construction Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Li Ming Development Construction Co's long-term debt to total assets ratio stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).


Li Ming Development Construction Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Li Ming Development Construction 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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Li Ming Development Construction Co LT-Debt-to-Total-Asset Chart

Li Ming Development Construction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
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Li Ming Development Construction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Li Ming Development Construction Co LT-Debt-to-Total-Asset Calculation

Li Ming Development Construction 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 )
=2.303/13011.346
=0.00

Li Ming Development Construction Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1.727/10843.781
=0.00

* 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.


Li Ming Development Construction Co  (ROCO:6212) 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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Li Ming Development Construction Co (ROCO:6212) Business Description

Traded in Other Exchanges
N/A
Address
Gongdao 5th Road, 7th Floor, No. 419, Section 2, Hsinchu, TWN, 30069
Li Ming Development Construction Co Ltd is engaged in the development, leasing, and sale of residential and commercial buildings, as well as the wholesale and retail of construction materials. The company is also involved in landscape and interior design. It operates in one single segment that is the development of the property segment which is mainly engaged in the commissioning construction of residences and buildings and renting properties. It generates a vast majority of its revenues from the sales of lands and apartments.

Li Ming Development Construction Co (ROCO:6212) Headlines

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