Jenn Feng Industrial Tools Co (TPE:1538) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

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What is Jenn Feng Industrial Tools 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. Jenn Feng Industrial Tools Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Jenn Feng Industrial Tools Co's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.05). It may suggest that Jenn Feng Industrial Tools Co is progressively becoming more dependent on debt to grow their business.

Jenn Feng Industrial Tools Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jenn Feng Industrial Tools 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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Jenn Feng Industrial Tools Co LT-Debt-to-Total-Asset Chart

Jenn Feng Industrial Tools Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.14

0.10

0.02

0.05

Jenn Feng Industrial Tools Co 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															0.02	0.02	0.01	0.01	0.05

Jenn Feng Industrial Tools Co LT-Debt-to-Total-Asset Calculation

Jenn Feng Industrial Tools Co'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 )
	=	12.309	/	271.904
	=	0.05

Jenn Feng Industrial Tools Co'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 )
	=	12.309	/	271.904
	=	0.05

Jenn Feng Industrial Tools Co (TPE:1538) 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.

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Jenn Feng Industrial Tools Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jenn Feng Industrial Tools Co Ltd (TPE:1538) » Definitions » LT-Debt-to-Total-Asset

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Address

Lane. 433, Sec. 2, Zhongzheng Road, No.33, Zhongli District, Taoyuan City, TWN, 32051

Website

http://www.jennfeng.com

Jenn Feng Industrial Tools Co Ltd is a Taiwan-based company engaged in the manufacturing and sale of electrical tools, hand tools, and gardening tools. The group designs and manufactures power tools, high-intensity discharge (HID) lights, LED lights, and others. The other products manufactured by the group are garden tools, automotive lighting, garden lighting, brushless motors, and other related products.

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