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ACpay Co (ROCO:6984) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)


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What is ACpay 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. ACpay Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.08.

ACpay Co's long-term debt to total assets ratio declined from Dec. 2022 (0.12) to Dec. 2023 (0.08). It may suggest that ACpay Co is progressively becoming less dependent on debt to grow their business.

ACpay Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for ACpay 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.

* Premium members only.

ACpay Co LT-Debt-to-Total-Asset Chart

ACpay Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
- - 0.12 0.08

ACpay Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - - 0.12 0.11 0.08

ACpay Co LT-Debt-to-Total-Asset Calculation

ACpay 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 )
=14.292/170.703
=0.08

ACpay Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=14.292/170.703
=0.08

* 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.

ACpay Co  (ROCO:6984) 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.

ACpay Co LT-Debt-to-Total-Asset Related Terms

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ACpay Co (ROCO:6984) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
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Address
11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707
Website
https://www.acpay.com
ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.

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