GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » APEX Wind Power Equipment Manufacturing (ROCO:7702) » Definitions » LT-Debt-to-Total-Asset

APEX Wind Power Equipment Manufacturing (ROCO:7702) LT-Debt-to-Total-Asset : 0.39 (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is APEX Wind Power Equipment Manufacturing 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. APEX Wind Power Equipment Manufacturing's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.39.

APEX Wind Power Equipment Manufacturing's long-term debt to total assets ratio increased from Dec. 2023 (0.04) to Dec. 2024 (0.39). It may suggest that APEX Wind Power Equipment Manufacturing is progressively becoming more dependent on debt to grow their business.


APEX Wind Power Equipment Manufacturing LT-Debt-to-Total-Asset Historical Data

The historical data trend for APEX Wind Power Equipment Manufacturing'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.

APEX Wind Power Equipment Manufacturing LT-Debt-to-Total-Asset Chart

APEX Wind Power Equipment Manufacturing Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.12 0.15 0.04 0.39

APEX Wind Power Equipment Manufacturing Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.15 0.14 0.04 0.05 0.39

APEX Wind Power Equipment Manufacturing LT-Debt-to-Total-Asset Calculation

APEX Wind Power Equipment Manufacturing'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 )
=579.596/1476.628
=0.39

APEX Wind Power Equipment Manufacturing'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 )
=579.596/1476.628
=0.39

* 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.


APEX Wind Power Equipment Manufacturing  (ROCO:7702) 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.


APEX Wind Power Equipment Manufacturing LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of APEX Wind Power Equipment Manufacturing's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


APEX Wind Power Equipment Manufacturing Business Description

Traded in Other Exchanges
N/A
Address
17F, No. 97, Sec. 4 Road, Chongxin Road, Sanchong District, New Taipei, TWN, 24161
APEX Wind Power Equipment Manufacturing is a company that provides services ranging from steel plate storage, flame cutting (CNC), edge beveling, plate rolling, SAW submerged arc welding, to finished product related dimensional measurement and non-destructive test, APEX's one-stop service satisfies all clients with first-class products. It has great steel structure processing abilities and provides clients with the best services.

APEX Wind Power Equipment Manufacturing Headlines

No Headlines