Tan Tao Investment Industry (STC:ITA) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is Tan Tao Investment Industry 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. Tan Tao Investment Industry's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Tan Tao Investment Industry's long-term debt to total assets ratio declined from Dec. 2022 (0.00) to Mar. 2024 (0.00). It may suggest that Tan Tao Investment Industry is progressively becoming less dependent on debt to grow their business.

Tan Tao Investment Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tan Tao Investment Industry'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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Tan Tao Investment Industry LT-Debt-to-Total-Asset Chart

Tan Tao Investment Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.04

0.02

0.01

Tan Tao Investment Industry Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Tan Tao Investment Industry LT-Debt-to-Total-Asset Calculation

Tan Tao Investment Industry's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	8365.006	/	12221417.09
	=	0.00

Tan Tao Investment Industry'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 )
	=	5068.348	/	12142232.098
	=	0.00

Tan Tao Investment Industry (STC:ITA) 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.

Tan Tao Investment Industry LT-Debt-to-Total-Asset Related Terms

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