Sun Race Sturmey-Archer (TPE:1526) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2024)

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What is Sun Race Sturmey-Archer 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. Sun Race Sturmey-Archer's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.31.

Sun Race Sturmey-Archer's long-term debt to total assets ratio declined from Dec. 2023 (0.33) to Dec. 2024 (0.31). It may suggest that Sun Race Sturmey-Archer is progressively becoming less dependent on debt to grow their business.

Sun Race Sturmey-Archer LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sun Race Sturmey-Archer'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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Sun Race Sturmey-Archer LT-Debt-to-Total-Asset Chart

Sun Race Sturmey-Archer Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.09

0.12

0.33

0.31

Sun Race Sturmey-Archer 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															0.33	0.30	0.30	0.29	0.31

Sun Race Sturmey-Archer LT-Debt-to-Total-Asset Calculation

Sun Race Sturmey-Archer'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 )
	=	755.177	/	2444.138
	=	0.31

Sun Race Sturmey-Archer'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 )
	=	755.177	/	2444.138
	=	0.31

Sun Race Sturmey-Archer (TPE:1526) 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.

Sun Race Sturmey-Archer LT-Debt-to-Total-Asset Related Terms

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Sun Race Sturmey-Archer Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sun Race Sturmey-Archer Inc (TPE:1526) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.51, Haishan Central Street, Luzhu District, Taoyuan City, TWN, 33856

Website

https://www.sunrace.com

Sun Race Sturmey-Archer Inc manufactures and sells bicycle transmission systems. The company offers derailleurs, shifters, hubs, chains, and cranks, among others. It also manufactures and markets other bicycle spare parts and relevant products. The group's reportable segments are the Domestic department; engaged in the production of high-end bicycle parts. This segment generates the majority of the revenue. The foreign department is engaged in the production of low-end bicycle parts.

Sun Race Sturmey-Archer Headlines

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