Formosa Oilseed Processing Co (TPE:1225) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Formosa Oilseed Processing 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. Formosa Oilseed Processing Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Formosa Oilseed Processing Co's long-term debt to total assets ratio declined from Sep. 2023 (0.16) to Sep. 2024 (0.13). It may suggest that Formosa Oilseed Processing Co is progressively becoming less dependent on debt to grow their business.

Formosa Oilseed Processing Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Formosa Oilseed Processing 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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Formosa Oilseed Processing Co LT-Debt-to-Total-Asset Chart

Formosa Oilseed Processing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.17

0.12

0.13

0.18

Formosa Oilseed Processing Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.18	0.17	0.15	0.13

Formosa Oilseed Processing Co LT-Debt-to-Total-Asset Calculation

Formosa Oilseed Processing 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 )
	=	1541.64	/	8720.522
	=	0.18

Formosa Oilseed Processing Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1109.898	/	8690.73
	=	0.13

Formosa Oilseed Processing Co (TPE:1225) 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.

Formosa Oilseed Processing Co LT-Debt-to-Total-Asset Related Terms

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Formosa Oilseed Processing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Formosa Oilseed Processing Co Ltd (TPE:1225) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 453, Section 1, Shatian Road, Dadu District, Taichung, TWN

Website

https://www.fopco.com.tw

Formosa Oilseed Processing Co Ltd is a company principally engaged in the manufacturing and distribution of oil products and feedstuff. Its businesses include the manufacturing and the selling of soybean oil, soy flour, flour, oatmeal, corn, pet food, and import and export transactions. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley, and mixed feedstuff, among others. The company no longer engages in the production of flour.

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