Yi Chun Green Technology Co (ROCO:6912) LT-Debt-to-Total-Asset : 0.32 (As of Jun. 2024)

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What is Yi Chun Green Technology 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. Yi Chun Green Technology Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.32.

Yi Chun Green Technology Co's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.32). It may suggest that Yi Chun Green Technology Co is progressively becoming more dependent on debt to grow their business.

Yi Chun Green Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yi Chun Green Technology 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.

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Yi Chun Green Technology Co LT-Debt-to-Total-Asset Chart

Yi Chun Green Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.11

0.01

0.15

0.05

Yi Chun Green Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.01	0.15	0.06	0.05	0.32

Yi Chun Green Technology Co LT-Debt-to-Total-Asset Calculation

Yi Chun Green Technology Co'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 )
	=	10.206	/	217.835
	=	0.05

Yi Chun Green Technology Co'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 )
	=	75.595	/	240.108
	=	0.31

Yi Chun Green Technology Co (ROCO:6912) 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.

Yi Chun Green Technology Co LT-Debt-to-Total-Asset Related Terms

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Yi Chun Green Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Yi Chun Green Technology Co (ROCO:6912) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 761, Sec. 2, Youguan Road, Luzhu District, Taoyuan, TWN, 338002

Website

https://www.yichungt.com

Yi Chun Green Technology Co is a Company which is engaged in the business of recycling and reusing used diapers including related absorbent sanitary materials and factory-made defective diapers and their related scraps. The treatment methods for defective waste diapers are mostly incineration. The diapers contain plastics that cannot be decomposed and highly absorbent molecules. The company's main source of income is diaper recycling and the sale of recycled raw materials. After processing with patented technology, it is reduced to three main recycled materials.

Yi Chun Green Technology Co Headlines

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