Group Up Industrial Co (ROCO:6664) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Group Up Industrial 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. Group Up Industrial Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Group Up Industrial Co's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.14). It may suggest that Group Up Industrial Co is progressively becoming more dependent on debt to grow their business.

Group Up Industrial Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Group Up Industrial 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.

Group Up Industrial Co LT-Debt-to-Total-Asset Chart

Group Up Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.08

0.03

0.14

Group Up Industrial 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															0.03	0.03	-	-	0.14

Group Up Industrial Co LT-Debt-to-Total-Asset Calculation

Group Up Industrial 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 )
	=	1180.626	/	8579.732
	=	0.14

Group Up Industrial 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 )
	=	1180.626	/	8579.732
	=	0.14

Group Up Industrial Co (ROCO:6664) 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.

Group Up Industrial Co LT-Debt-to-Total-Asset Related Terms

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

Group Up Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Group Up Industrial Co Ltd (ROCO:6664) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, Heping Road, Yangmei District, Taoyuan, TWN, 326

Website

https://www.gpline.com.tw/index_en.php

Group Up Industrial Co Ltd is focused on the fields of hot air, infrared, ultraviolet, exposure, coating, roll-to-roll automation, and line integration. The company engaged in the manufacturing and trading of general boxed-shaped equipment for drying, preheating, and curing, automatic conveyor hot air ovens, IR drying ovens, as well as dust-free and explosion-proof vacuum oven. The company derives maximum revenue from China.

Group Up Industrial Co Headlines

No Headlines