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Grand Green Energy (ROCO:6639) LT-Debt-to-Total-Asset : 0.18 (As of Jun. 2024)


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What is Grand Green Energy 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. Grand Green Energy's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.18.

Grand Green Energy's long-term debt to total assets ratio increased from Jun. 2023 (0.16) to Jun. 2024 (0.18). It may suggest that Grand Green Energy is progressively becoming more dependent on debt to grow their business.


Grand Green Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Grand Green Energy'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.

Grand Green Energy LT-Debt-to-Total-Asset Chart

Grand Green Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.09 0.10 0.08 0.15 0.17

Grand Green Energy Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.15 0.16 0.17 0.18

Grand Green Energy LT-Debt-to-Total-Asset Calculation

Grand Green Energy'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 )
=142.447/830.28
=0.17

Grand Green Energy'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 )
=121.615/690.563
=0.18

* 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.


Grand Green Energy  (ROCO:6639) 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.


Grand Green Energy LT-Debt-to-Total-Asset Related Terms

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Grand Green Energy Business Description

Traded in Other Exchanges
N/A
Address
No.192, Jinshan Street, Yangmei District, Taoyuan City, TWN, 326
Grand Green Energy Corp is mainly engaged in the development and sale of thermal energy supply system and other thermal equipment. The company caters to textile, food, chemical, and paper industry. It also offers air pollution emission equipment.

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