MAYO Human Capital (ROCO:6738) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)

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What is MAYO Human Capital 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. MAYO Human Capital's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

MAYO Human Capital's long-term debt to total assets ratio increased from Jun. 2023 (0.12) to Jun. 2024 (0.13). It may suggest that MAYO Human Capital is progressively becoming more dependent on debt to grow their business.

MAYO Human Capital LT-Debt-to-Total-Asset Historical Data

The historical data trend for MAYO Human Capital'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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MAYO Human Capital LT-Debt-to-Total-Asset Chart

MAYO Human Capital Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.07

0.01

0.24

0.16

0.11

MAYO Human Capital Semi-Annual Data
	Dec16	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										0.12	0.16	0.12	0.11	0.13

MAYO Human Capital LT-Debt-to-Total-Asset Calculation

MAYO Human Capital'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 )
	=	29.863	/	279.801
	=	0.11

MAYO Human Capital'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 )
	=	36.138	/	277.612
	=	0.13

MAYO Human Capital (ROCO:6738) 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.

MAYO Human Capital LT-Debt-to-Total-Asset Related Terms

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MAYO Human Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MAYO Human Capital Inc (ROCO:6738) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 195, Fuxing Second Road, Hsinchu County, Zhubei, TWN, 30271

Website

https://www.mayohr.com

MAYO Human Capital Inc provides cloud human resource management software and related services.

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