We Can Medicines Co (ROCO:6929) LT-Debt-to-Total-Asset : 0.32 (As of Dec. 2024)

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What is We Can Medicines 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. We Can Medicines Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.32.

We Can Medicines Co's long-term debt to total assets ratio declined from Dec. 2023 (0.34) to Dec. 2024 (0.32). It may suggest that We Can Medicines Co is progressively becoming less dependent on debt to grow their business.

We Can Medicines Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for We Can Medicines 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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We Can Medicines Co LT-Debt-to-Total-Asset Chart

We Can Medicines Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.28

0.33

0.34

0.32

We Can Medicines Co Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.34	0.32	0.33	0.33	0.32

We Can Medicines Co LT-Debt-to-Total-Asset Calculation

We Can Medicines 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 )
	=	1000.762	/	3085.594
	=	0.32

We Can Medicines 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 )
	=	1000.762	/	3085.594
	=	0.32

We Can Medicines Co (ROCO:6929) 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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We Can Medicines Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » We Can Medicines Co Ltd (ROCO:6929) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Section 4, Taiwan Avenue, 20th Floor-1, No. 925, Xitun District, Taichung, TWN

Website

http://www.yourchance.com.tw

We Can Medicines Co Ltd is a Taiwan-based company mainly engaged in the operation of chain cosmeceutical drugstores. The Company's main products include pharmaceuticals and health food, maternity and infant products, medical supplies, beauty cosmetics, and daily necessities.

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