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Microprogram Information Co (ROCO:7721) LT-Debt-to-Total-Asset : 0.09 (As of Jun. 2024)


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What is Microprogram Information 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. Microprogram Information Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.09.

Microprogram Information Co's long-term debt to total assets ratio increased from Jun. 2023 (0.07) to Jun. 2024 (0.09). It may suggest that Microprogram Information Co is progressively becoming more dependent on debt to grow their business.

Microprogram Information Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Microprogram Information 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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Microprogram Information Co LT-Debt-to-Total-Asset Chart

Microprogram Information Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.03 0.03 0.02 0.05

Microprogram Information Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial - 0.02 0.07 0.05 0.09

Microprogram Information Co LT-Debt-to-Total-Asset Calculation

Microprogram Information 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 )
=42.854/810.597
=0.05

Microprogram Information 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 )
=87.391/974.567
=0.09

* 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.

Microprogram Information Co  (ROCO:7721) 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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Microprogram Information Co Business Description

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Address
7th Floor, No. 402, Zhengshi Road, Xitun District, Taichung, TWN, 407
Website
https://www.program.com.tw
Microprogram Information Co is a company that provides industrial IoT technology services and is committed to allowing their clients to have a better and sustainable life. They focus on the three major areas of electronic payment, wireless sensing and cloud data. Through user research, vertical integration of software and hardware technologies, terminal sensor devices, mobile apps, cloud service platforms and core technologies of big data analysis, we assist transportation and finance, retail, manufacturing, bicycle and other industries to innovate and upgrade. They assist you from definition of requirements, concept creation, product development, to service optimization, using the advantages of software and hardware integration technology.

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