TCL Electronics Holdings (STU:TC2A) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

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

TCL Electronics Holdings's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Jun. 2024 (0.01). It may suggest that TCL Electronics Holdings is progressively becoming less dependent on debt to grow their business.

TCL Electronics Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for TCL Electronics Holdings'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.

TCL Electronics Holdings LT-Debt-to-Total-Asset Chart

TCL Electronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

0.02

TCL Electronics Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.01

TCL Electronics Holdings LT-Debt-to-Total-Asset Calculation

TCL Electronics Holdings'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 )
	=	132.951	/	7605.829
	=	0.02

TCL Electronics Holdings'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 )
	=	77.358	/	8477.443
	=	0.01

TCL Electronics Holdings (STU:TC2A) 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.

TCL Electronics Holdings LT-Debt-to-Total-Asset Related Terms

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

TCL Electronics Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (STU:TC2A) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

TCLHF:USA 01070:Hong Kong

Address

22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

http://electronics.tcl.com

TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. By brand, it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. The five reportable operating segments are the Smart screen segment, Internet business segment, Smart mobile, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

TCL Electronics Holdings Headlines

No Headlines