Asia Polymer (TPE:1308) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2024)

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What is Asia Polymer 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. Asia Polymer's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.06.

Asia Polymer's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.06). It may suggest that Asia Polymer is progressively becoming more dependent on debt to grow their business.

Asia Polymer LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asia Polymer'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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Asia Polymer LT-Debt-to-Total-Asset Chart

Asia Polymer Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.18

0.07

0.03

0.06

Asia Polymer Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.02	0.06

Asia Polymer LT-Debt-to-Total-Asset Calculation

Asia Polymer'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 )
	=	869.126	/	13598.59
	=	0.06

Asia Polymer'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 )
	=	869.126	/	13598.59
	=	0.06

Asia Polymer (TPE:1308) 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.

Asia Polymer LT-Debt-to-Total-Asset Related Terms

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Asia Polymer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asia Polymer Corp (TPE:1308) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Gongye 1st. Road, Linyuan District, Kaohsiung, TWN

Website

https://www.apc.com.tw

Asia Polymer Corp is engaged in designing, developing, manufacturing, and selling low-density polyethylene (LDPE), and ethylene vinyl acetate copolymer (EVA). The company has a single operating segment that produces and sells petrochemical products. Geographically, the company has operations in Taiwan, Asia, and Others, with a majority of its revenue coming from Taiwan.

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