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Jhu Jian Catering Co (ROCO:7723) LT-Debt-to-Total-Asset : 0.43 (As of Dec. 2024)


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What is Jhu Jian Catering 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. Jhu Jian Catering Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.43.

Jhu Jian Catering Co's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Dec. 2024 (0.43). It may suggest that Jhu Jian Catering Co is progressively becoming more dependent on debt to grow their business.


Jhu Jian Catering Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jhu Jian Catering 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.

Jhu Jian Catering Co LT-Debt-to-Total-Asset Chart

Jhu Jian Catering Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
0.38 0.37 0.39 0.43

Jhu Jian Catering Co Quarterly Data
Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only - 0.39 0.42 0.43 0.43

Jhu Jian Catering Co LT-Debt-to-Total-Asset Calculation

Jhu Jian Catering Co'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 )
=2070.743/4865.76
=0.43

Jhu Jian Catering Co'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 )
=2070.743/4865.76
=0.43

* 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.


Jhu Jian Catering Co  (ROCO:7723) 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.


Jhu Jian Catering Co LT-Debt-to-Total-Asset Related Terms

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Jhu Jian Catering Co Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, No. 455, Chongde 9th Road, Beitun District, Taichung, TWN
Jhu Jian Catering Co Ltd is a company that is a chain catering brand with seafood suppliers, integrating production and sales with Xinfeng Xianhui Aquatic Products to provide a fresh and high-quality seafood supply chain. they choose high-quality and complete food suppliers to provide a variety of selected ingredients that meet food safety standards, Where they combine the concept of "extracting the essence of various ingredients from hundreds of flavors to integrate the characteristics of the ingredients into soups and dishes.

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