Eternal Materials Co (TPE:1717) LT-Debt-to-Total-Asset : 0.20 (As of Dec. 2024)

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What is Eternal Materials 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. Eternal Materials Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.20.

Eternal Materials Co's long-term debt to total assets ratio declined from Dec. 2023 (0.21) to Dec. 2024 (0.20). It may suggest that Eternal Materials Co is progressively becoming less dependent on debt to grow their business.

Eternal Materials Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Eternal Materials 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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Eternal Materials Co LT-Debt-to-Total-Asset Chart

Eternal Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.21

0.24

0.21

0.20

Eternal Materials 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															0.21	0.20	0.22	0.20	0.20

Eternal Materials Co LT-Debt-to-Total-Asset Calculation

Eternal Materials 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 )
	=	12368.986	/	62419.483
	=	0.20

Eternal Materials 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 )
	=	12368.986	/	62419.483
	=	0.20

Eternal Materials Co (TPE:1717) 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.

Eternal Materials Co LT-Debt-to-Total-Asset Related Terms

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Eternal Materials Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Eternal Materials Co Ltd (TPE:1717) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 578, Jiangong Road, Sanmin District, Kaohsiung, TWN, 807

Website

https://www.eternal-group.com

Eternal Materials Co Ltd manufactures and sells a variety of chemicals and chemical-based products in three categories. The synthetic resin category sells adhesive, fluorocarbon, polyester, polyurethane, and vinyl resins used in tapes, labels, stickers, household goods, paints, and solar panels. The specialty materials category sells silicone products used for ceramics, paints, and coatings as well as LED packaging materials used in televisions, iPads, laptops, and other electronics. The electronics materials category sells products used in printed circuit boards and flat panel displays. Eternal Materials sells its products in Asia and the United States.

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