Uniforce Technology (ROCO:7714) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is Uniforce Technology 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. Uniforce Technology's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Uniforce Technology's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Jun. 2024 (0.01). It may suggest that Uniforce Technology is progressively becoming less dependent on debt to grow their business.

Uniforce Technology LT-Debt-to-Total-Asset Historical Data

The historical data trend for Uniforce Technology'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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Uniforce Technology LT-Debt-to-Total-Asset Chart

Uniforce Technology Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.01

0.05

0.02

Uniforce Technology Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.05	0.04	0.02	0.01

Uniforce Technology LT-Debt-to-Total-Asset Calculation

Uniforce Technology'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 )
	=	11.493	/	558.438
	=	0.02

Uniforce Technology'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 )
	=	7.214	/	578.108
	=	0.01

Uniforce Technology (ROCO:7714) 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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Uniforce Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Uniforce Technology Corp (ROCO:7714) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Floor, No. 77, Zhouzi Street, Neihu District, Taipei, TWN

Website

https://www.uniforce.com.tw

Uniforce Technology Corp is a company that provides professional consulting and construction technical services. It focuses on introducing and distributing various domestic and foreign high-efficiency operation and maintenance, information security, and integrated joint defense products. The products that they represent mainly serve industries including major domestic and foreign telecommunications and operators, banks in the financial industry, securities and insurance, etc.

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