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United Purification Technology Co (ROCO:6977) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)


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What is United Purification 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. United Purification Technology Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

United Purification Technology Co's long-term debt to total assets ratio increased from Jun. 2023 (0.05) to Jun. 2024 (0.07). It may suggest that United Purification Technology Co is progressively becoming more dependent on debt to grow their business.

United Purification Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for United Purification 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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United Purification Technology Co LT-Debt-to-Total-Asset Chart

United Purification Technology Co Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.07 0.04 0.07

United Purification Technology Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.04 0.05 0.07 0.07

United Purification Technology Co LT-Debt-to-Total-Asset Calculation

United Purification 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 )
=67.046/916.98
=0.07

United Purification 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 )
=62.837/915.64
=0.07

* 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.

United Purification Technology Co  (ROCO:6977) 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.

United Purification Technology Co LT-Debt-to-Total-Asset Related Terms

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United Purification Technology Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » United Purification Technology Co Ltd (ROCO:6977) » Definitions » LT-Debt-to-Total-Asset
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TPE:9931 AWK BSP:SBSP3 WTRG LSE:SVT LSE:UU. HKSE:00270 SHSE:601158 AWR HKSE:00371 CWT SZSE:000598 LSE:PNN SHSE:600323 XSGO:AGUAS-A DFM:TABREED SZSE:000685 SJW SHSE:600461 PHS:MWC
Traded in Other Exchanges
N/A
Address
No. 9, Road 12, 407 Industrial Zone, Taichung, TWN
Website
https://www.upt.com.tw
United Purification Technology Co Ltd is a company engaged in developing, manufacturing and distributing of water purification systems. The company provides list of services which includes design and planning of ultrapure water systems, manufacturing, installation, expansion and maintenance of pure water equipment. It also actively provide customers with the best solutions for wastewater emission reduction and recycled water reuse.

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