Highpoint Service Network (ROCO:6884) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Highpoint Service Network 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. Highpoint Service Network's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Highpoint Service Network's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Jun. 2024 (0.03). It may suggest that Highpoint Service Network is progressively becoming more dependent on debt to grow their business.

Highpoint Service Network LT-Debt-to-Total-Asset Historical Data

The historical data trend for Highpoint Service Network'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.

Highpoint Service Network LT-Debt-to-Total-Asset Chart

Highpoint Service Network Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.01

0.05

0.03

Highpoint Service Network Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.05	0.04	0.03	0.02	0.03

Highpoint Service Network LT-Debt-to-Total-Asset Calculation

Highpoint Service Network's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	10.975	/	427.743
	=	0.03

Highpoint Service Network'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 )
	=	16.956	/	559.942
	=	0.03

Highpoint Service Network (ROCO:6884) 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.

Highpoint Service Network LT-Debt-to-Total-Asset Related Terms

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

Highpoint Service Network Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Highpoint Service Network Corp (ROCO:6884) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xintai 5th Road, 7th Floor, No. 88, Section 1, Xizhi District, New Taipei City, TWN

Website

https://www.hsnservice.com

Highpoint Service Network Corp provides computer-related services and consulting. Its business scope provides multi-country support, multi-brand testing, repair, and maintenance authorized by the original factory. The service items include computer and peripheral products, and office and consumer electronics. Products and peripherals, servers and workstations, network, and computer room equipment.

Highpoint Service Network Headlines

No Headlines