Motorcomm Electronic Technology Co (SHSE:688515) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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

What is Motorcomm Electronic Technology 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. Motorcomm Electronic Technology Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Motorcomm Electronic Technology Co's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.00). It may suggest that Motorcomm Electronic Technology Co is progressively becoming less dependent on debt to grow their business.

Motorcomm Electronic Technology Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Motorcomm Electronic Technology 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.

Motorcomm Electronic Technology Co LT-Debt-to-Total-Asset Chart

Motorcomm Electronic Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.04

0.02

0.01

Motorcomm Electronic Technology Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.01	0.01	0.01	-	-

Motorcomm Electronic Technology Co LT-Debt-to-Total-Asset Calculation

Motorcomm Electronic Technology 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 )
	=	7.89	/	1945.637
	=	0.00

Motorcomm Electronic Technology Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	6.429	/	1860.409
	=	0.00

Motorcomm Electronic Technology Co (SHSE:688515) 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.

Motorcomm Electronic Technology Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Motorcomm Electronic Technology Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Motorcomm Electronic Technology Co (SHSE:688515) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Motorcomm Electronic Technology Co Ltd (SHSE:688515) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 78, Keling Road, Room 201, Building 4, Science and Technology City, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215163

Website

https://www.motor-comm.com

Motorcomm Electronic Technology Co Ltd is engaged in the research and development, design and sales of high-speed wired communication chips.

Motorcomm Electronic Technology Co (SHSE:688515) Headlines

No Headlines