Kao Hsing Chang Iron & Steel (TPE:2008) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2024)

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What is Kao Hsing Chang Iron & Steel 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. Kao Hsing Chang Iron & Steel's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.27.

Kao Hsing Chang Iron & Steel's long-term debt to total assets ratio stayed the same from Dec. 2023 (0.27) to Dec. 2024 (0.27).

Kao Hsing Chang Iron & Steel LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kao Hsing Chang Iron & Steel'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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Kao Hsing Chang Iron & Steel LT-Debt-to-Total-Asset Chart

Kao Hsing Chang Iron & Steel Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.11

0.10

0.09

0.27

Kao Hsing Chang Iron & Steel 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															0.27	0.27	0.26	0.26	0.27

Kao Hsing Chang Iron & Steel LT-Debt-to-Total-Asset Calculation

Kao Hsing Chang Iron & Steel'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 )
	=	2110.725	/	7864.472
	=	0.27

Kao Hsing Chang Iron & Steel'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 )
	=	2110.725	/	7864.472
	=	0.27

Kao Hsing Chang Iron & Steel (TPE:2008) 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.

Kao Hsing Chang Iron & Steel LT-Debt-to-Total-Asset Related Terms

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Kao Hsing Chang Iron & Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kao Hsing Chang Iron & Steel Corp (TPE:2008) » Definitions » LT-Debt-to-Total-Asset

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Address

No.318, Zhonghua 1st Road, Gushan District, Kaohsiung, TWN, 804

Website

http://www.khc.com.tw

Kao Hsing Chang Iron & Steel Corp is engaged in the manufacturing, processing, and trading of steel pipes and cold-rolled steel sheets; manufacturing of metal architectural components; leasing; carpark management; and wholesale of other products. The majority of its revenue comes from the steel pipe department. Its geographical segments are Taiwan, North America, and Northeast Asia, of which the majority of the revenue comes from Taiwan.

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