Sintrones Technology (ROCO:6680) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is Sintrones Technology 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. Sintrones Technology's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Sintrones Technology's long-term debt to total assets ratio increased from Mar. 2023 (0.05) to Mar. 2024 (0.10). It may suggest that Sintrones Technology is progressively becoming more dependent on debt to grow their business.

Sintrones Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sintrones Technology'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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Sintrones Technology LT-Debt-to-Total-Asset Chart

Sintrones Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.08

0.10

0.09

0.05

0.06

Sintrones Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.09	0.06	0.10

Sintrones Technology LT-Debt-to-Total-Asset Calculation

Sintrones Technology'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 )
	=	38.25	/	690.265
	=	0.06

Sintrones Technology'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 )
	=	67.871	/	715.233
	=	0.09

Sintrones Technology (ROCO:6680) 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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Sintrones Technology (ROCO:6680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sintrones Technology Corp (ROCO:6680) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 738, Zhongzheng Road, 2nd Floor-3, Zhongzheng, New Taipei, TWN, 235

Website

https://www.sintrones.com

Sintrones Technology Corp is engaged in providing computer system products.The company has only one reportable segment mainly involved in the equipment of computer equipment manufacturing and selling. It offers products including In-Vehicle Computer, CAN Bus Module, GPS Module, Video Capture Card, Fanless Box Computer, Embedded Board, and In-Vehicle Display.

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