Techzone Technology Materials Co (ROCO:6947) LT-Debt-to-Total-Asset : 0.46 (As of Dec. 2024)

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What is Techzone Technology Materials 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. Techzone Technology Materials Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.46.

Techzone Technology Materials Co's long-term debt to total assets ratio increased from Dec. 2023 (0.37) to Dec. 2024 (0.46). It may suggest that Techzone Technology Materials Co is progressively becoming more dependent on debt to grow their business.

Techzone Technology Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Techzone Technology Materials 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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Techzone Technology Materials Co LT-Debt-to-Total-Asset Chart

Techzone Technology Materials Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.37

0.20

0.11

0.37

0.46

Techzone Technology Materials Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.11	0.06	0.37	0.38	0.46

Techzone Technology Materials Co LT-Debt-to-Total-Asset Calculation

Techzone Technology Materials 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 )
	=	2990.296	/	6456.072
	=	0.46

Techzone Technology Materials 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 )
	=	2990.296	/	6456.072
	=	0.46

Techzone Technology Materials Co (ROCO:6947) 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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Techzone Technology Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Techzone Technology Materials Co Ltd (ROCO:6947) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 216, Huanke Road, Guanyin District, Taoyuan City, TWN, 32841

Website

https://www.tech-zone.com.tw

Techzone Technology Materials Co Ltd provides waste treatment and disposal solutions. The company operates an industrial waste treatment center combining incineration treatment, waste heat recovery, and distillation recycling.

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