Acelon Chemicals & Fiber (TPE:1466) LT-Debt-to-Total-Asset : 0.34 (As of Dec. 2024)

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What is Acelon Chemicals & Fiber 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. Acelon Chemicals & Fiber's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.

Acelon Chemicals & Fiber's long-term debt to total assets ratio declined from Dec. 2023 (0.34) to Dec. 2024 (0.34). It may suggest that Acelon Chemicals & Fiber is progressively becoming less dependent on debt to grow their business.

Acelon Chemicals & Fiber LT-Debt-to-Total-Asset Historical Data

The historical data trend for Acelon Chemicals & Fiber'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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Acelon Chemicals & Fiber LT-Debt-to-Total-Asset Chart

Acelon Chemicals & Fiber Annual Data

Trend

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.34

0.20

0.29

0.34

Acelon Chemicals & Fiber 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															0.34	0.34	0.33	0.33	0.34

Acelon Chemicals & Fiber LT-Debt-to-Total-Asset Calculation

Acelon Chemicals & Fiber'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 )
	=	1158.046	/	3453.257
	=	0.34

Acelon Chemicals & Fiber'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 )
	=	1158.046	/	3453.257
	=	0.34

Acelon Chemicals & Fiber (TPE:1466) 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.

Acelon Chemicals & Fiber LT-Debt-to-Total-Asset Related Terms

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Acelon Chemicals & Fiber Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Acelon Chemicals & Fiber Corp (TPE:1466) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

No.94, Fanjin Road, Puyan Township, Changhua County, Changhua, TWN

Website

https://www.acelon.com.tw

Acelon Chemicals & Fiber Corp operates in the textile manufacturing industry. The products offered by the company include nylon yarn, polyester yarn, nylon textured yarn, polyester textured yarn, and other related products. Geographically, the company derives maximum revenue from the Americas and the rest from Asia, Europe, and Africa.

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